Puerto Rico’s August 21-27, 2017 political week in tweets
Puerto Rico presses on for statehood
Puerto Rico Pressing On in Its Quest for Statehood https://t.co/bBTUEPJXFN
— Eric (@Ericpr40) August 22, 2017
The current administration is not slowing down in its quest to have the US territory admitted as the 51st state.
Puerto Rico as a tax haven
A little-known tax loophole may make Puerto Rico a good place for foreigners to keep cash https://t.co/gLJl72r9px pic.twitter.com/BSX4IFjUWB
— Bloomberg (@business) August 22, 2017
Business publications are making note of Puerto Rico and its laws which might make it an attractive tax haven.
Tax revenues up
Puerto Rico Treasury collected $649 million in tax revenues in July. ***8% more than projected #muniland https://t.co/dTqoF8pxpj
— Cate Long (@cate_long) August 21, 2017
The Puerto Rico Department of the Treasury is reporting that tax revenues were higher than expected; a small victory for the administration.
Oversight Board facing existential threats
Puerto Rico fiscal board chairman: ‘We aren’t acting crazy’ https://t.co/s479tLyikH via @CaribBusiness
— Eva Llorens (@LlorensEva) August 26, 2017
Lawsuits against Puerto Rico now include the Oversight Board and its composition.
Unions confront Oversight Board
Union files complaint about #PROMESA Oversight Board: https://t.co/h2M6EzNA8I
— Puerto Rico Report (@PRicoReport) August 24, 2017
Joining the group of lawsuits, are new efforts by unions to oppose the measures being implemented by the Oversight Board.