Optional@lemmy.world to Progressive Politics@lemmy.world · 16 hours agoEighteenlemmy.worldimagemessage-square57fedilinkarrow-up1762arrow-down17cross-posted to: housing_bubble_2@lemmy.world
arrow-up1755arrow-down1imageEighteenlemmy.worldOptional@lemmy.world to Progressive Politics@lemmy.world · 16 hours agomessage-square57fedilinkcross-posted to: housing_bubble_2@lemmy.world
minus-squareWiz@midwest.sociallinkfedilinkarrow-up24·10 hours agoThey are exempt from federal income tax.
minus-squareDalvoronlinkfedilinkarrow-up6·edit-26 hours agoWhile a good start, they do still pay other kinds of federal taxes (without representation), such as payroll taxes https://espaciosabiertos.org/facts-does-puerto-rico-really-not-pay-federal-taxes-a-common-misconception/ And paid $4 billion in federal taxes in 2021 https://www.cfr.org/backgrounder/puerto-rico-us-territory-crisis#chapter-title-0-4
They are exempt from federal income tax.
While a good start, they do still pay other kinds of federal taxes (without representation), such as payroll taxes
https://espaciosabiertos.org/facts-does-puerto-rico-really-not-pay-federal-taxes-a-common-misconception/
And paid $4 billion in federal taxes in 2021 https://www.cfr.org/backgrounder/puerto-rico-us-territory-crisis#chapter-title-0-4