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Puerto Rico Advisory Committee publishes second memorandum on economic perspectives and the Insular Cases

by | Nov 25, 2024 | Economy, Puerto Rico, Status | 0 comments

The Puerto Rico Advisory Committee to the United States Commission on Civil Rights announced the publication of its second memorandum in English and Spanish as part of its study on the effects of the Insular Cases and the Non-Incorporation Doctrine on the civil rights of the residents of Puerto Rico. This is the second part of the “General Overview” phase of this study.

With a focus on economic perspectives, the committee highlighted several findings and recommendations identified in the testimony it has received from experts on the subject. Among the findings identified in the testimony by the committee, it analyzed how the tax system has historically benefited certain economic sectors at the expense of Puerto Rico’s sustainable economic development. In addition, it highlights the tax differences between Puerto Rico and the states and also analyzes how a change in status could affect the economy in Puerto Rico. The committee also developed preliminary recommendations for this stage of the project.

The committee chair, Andrés Córdova Phelps, said: “We thank the panelists for their contributions and the opportunity to study this complex issue for the island and its relationship with the United States. We hope this document will help shed light on how the current political status has limited economic development in Puerto Rico.”

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ABOUT THE AUTHOR

William-Jose Velez Gonzalez

William-Jose Velez Gonzalez

William-José Vélez González is a native from Mayagüez, Puerto Rico, and a graduate from Florida International University in biomedical engineering, engineering management, and international relations. A designer with a strong interest in science, policy, and innovation, he previously served as the national executive vice president of the Puerto Rico Statehood Students Association. William-José lives in Washington, DC, where he works at the Children's National Research Institute and runs Opsin, a nonprofit design studio dedicated to making design more accessible. You can see him on Love is Blind as Lydia's brother. He is the founder and Editor in Chief of Pasquines.

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