PILOT SPIN
Spin Zone => Spin Zone => Topic started by: invflatspin on August 15, 2018, 07:14:39 AM
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http://dailycaller.com/2018/08/11/donations-puerto-rico/
"help the poor", etc. This is just way too prevalient. I once donated a boat to a charity. After I watched it sit for 5 months behind the donation facility, it finally moved. I went in and asked one of the counter workers where it went, and he told me it was towed to the junk yard, and they got scrap value for the trailer.
Asshats.
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I can see that happening when things are donated to a third world hell hole, but in our own possession?
Tell me again why we should take on the burden of making PR a state?
That loud mouth bitch San Juan mayor who blamed everything on Trump post-hurricane should be brought up on charges for what she allowed to happen to these supplies.
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No real fan of state-hood for PR, but if it were a state, at least we would be able to tax them. As it is now, they get many of the benefits of statehood without fed taxation.
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PR’s GDP is about $100 billion, but their debt is about $70 billion. Not sure what’s in it for us. Taxing their 3 million residents probably wouldn’t yield much.
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PR’s GDP is about $100 billion, but their debt is about $70 billion. Not sure what’s in it for us. Taxing their 3 million residents probably wouldn’t yield much.
When considering most of those 3 million are at or below the poverty line, and with our current tax code many, if not most, would be getting tax "credits". So in essence it would be costing us even more.
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Right now we are collected exactly $0.0 in taxes from PR, and giving billions. Either we give them statehood and tax them, or cut them off and let them solve their own economic problems like Haiti and Bahamas. Doesn't matter either way to me, just that now it's a one way money trip, out - but never in. I guess one has to ask themselves - is zero tax and billions in aid a better deal?
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Right now we are collected exactly $0.0 in taxes from PR, and giving billions. Either we give them statehood and tax them, or cut them off and let them solve their own economic problems like Haiti and Bahamas. Doesn't matter either way to me, just that now it's a one way money trip, out - but never in. I guess one has to ask themselves - is zero tax and billions in aid a better deal?
That’s a simplistic analysis. It’s much more complicated. This is a 4-year old article, and I assume the facts are worse today then back then:
“The General Accountability Office has just published its findings on the cost of Puerto Rico statehood and the numbers are not pretty for the U.S. and for the Island. In sum the economic and fiscal costs of statehood would represent an enormous burden for the federal government, U.S. corporations, and every day Puerto Ricans.
“GAO reviewed 29 federal programs which account for 86 percent of federal program spending for states or its residents. If Puerto Rico became a state, it could cost the federal government up to $5.2 billion in additional annual funding in those programs alone. According to statements by Resident Commissioner Pedro Pierluisi to the Puerto Rican press, the total sum could reach $10 billion, although he was probably exaggerating.
“The cost will not be offset by new revenues.”
http://thehill.com/blogs/congress-blog/civil-rights/202347-the-high-cost-of-puerto-rican-statehood
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Why is Puerto Rico still a U.S. Territory? Why isn't it independent like the Bahamas, and other former Caribbean colonies? No it should not be a state, and it serves no strategic importance anymore. If we are still afraid it will go Communist, it already has, and it has been a Commie Hell Hole for a long time. Effff them.
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Why is Puerto Rico still a U.S. Territory? Why isn't it independent like the Bahamas, and other former Caribbean colonies? No it should not be a state, and it serves no strategic importance anymore. If we are still afraid it will go Communist, it already has, and it has been a Commie Hell Hole for a long time. Effff them.
I was indoctrinated into believing into the domino theory when I was in my teens, but now I wonder why. If we are so sure that communism is so bad, why are we so afraid that more countries will be sucked in. The more countries that accept communism, the stronger argument we have against it here.
I agree with those that say cut PR loose. Why do we continue to finance them.
Or, maybe we could somehow turn them into a sanctuary territory and ship all of our illegal aliens there.
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Or, maybe we could somehow turn them into a sanctuary territory and ship all of our illegal aliens there.
Nah, make it a penal colony, ya know, like the British did with Australia and the US. ::)
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That’s a simplistic analysis. It’s much more complicated. This is a 4-year old article, and I assume the facts are worse today then back then:
“The General Accountability Office has just published its findings on the cost of Puerto Rico statehood and the numbers are not pretty for the U.S. and for the Island. In sum the economic and fiscal costs of statehood would represent an enormous burden for the federal government, U.S. corporations, and every day Puerto Ricans.
“GAO reviewed 29 federal programs which account for 86 percent of federal program spending for states or its residents. If Puerto Rico became a state, it could cost the federal government up to $5.2 billion in additional annual funding in those programs alone. According to statements by Resident Commissioner Pedro Pierluisi to the Puerto Rican press, the total sum could reach $10 billion, although he was probably exaggerating.
“The cost will not be offset by new revenues.”
http://thehill.com/blogs/congress-blog/civil-rights/202347-the-high-cost-of-puerto-rican-statehood
Thank you, but there are presumptions in there that would not be accurate in a Trump/Pence admin. Spending as a result of statehood is a fairly nebulous field. However, I take it as it was written, as a concern about cost of taking PR on as a state. If it were me in charge, PR would get a big giant bupkiss, but again - that's a lot of speculation on both sides.