America's Last Tax Haven

For this episode of The Latino Newsletter, we explore the push to abolish Puerto Rico's Act 22. For those who don't know, Act 22 is a tax incentive that allows American investors to avoid paying federal income taxes by living in Puerto Rico.

Welcome to the colony.

Host Julio Ricardo Varela⁠ welcomes two guests who are diametrically opposed politically but agree that Act 22 should be abolished. Their arguments, however, are completely different. Federico de Jesús says that Act 22 has led to a displacement of Puerto Ricans and increased poverty on the island. Javier Ortiz supports statehood for Puerto Rico and believes that the tax structure of the island is a major impediment to achieving equality for Puerto Ricans.

This episode was produced by Julio Ricardo Varela and ⁠⁠⁠⁠⁠Joaquin Cotler⁠⁠⁠⁠⁠.

Sound design and mixing by Joaquin Cotler.

Music by Cast of Characters via ⁠⁠⁠⁠⁠Soundstripe⁠⁠⁠⁠⁠.

Donate to The Latino Newsletter ⁠⁠⁠here⁠⁠⁠.

The Latino Newsletter podcast is made possible with support from the ⁠⁠⁠⁠⁠⁠Latino Community Foundation⁠⁠⁠⁠⁠⁠.