Puerto Rico: Tax Haven or Economic Disaster?

Fergus Hodgson, 27 January 2017

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While Puerto Rico is losing population big time, some people are going there for tax advantages over the US mainland. What is the truth about the economic status and future of the island?

Our guests are Frank Worley, who now lives in Mississippi, and Albert Soutomaior, who remains on the island in Mayagüez. Worley was co-founder of the original Libertarian Party of Puerto Rico and is founder of MIRE (Movimiento Independentista Republicano). Soutomaior writes policy for the Libertarian Party of Puerto Rico and is one of the co-founders of the Institute for Human Freedom.

Recommended Links

• Puerto Rican Conservative blog.
• “How Puerto Rico Ran Out of Other People’s Money,” interview with Frank Worley-López, Stateless Man.
• “Puerto Rico: An Ideal Retirement Haven Right in Your Backyard,” by Kathleen Peddicord in U.S. News and World Report.

Puerto Rico offers a Latin American and Caribbean life in the United States. (MIRE)

Fergus Hodgson (@FergHodgson) is an economic consultant and Gold Newsletter‘s roving editor.