OnTheIssuesLogo

Ricky Rossello on Tax Reform

 

 


$1 billion tax cut to offset effects of Trump's tax reform

Rossello provided more details about his proposed tax reform and the new Tax Incentives Code, with which he intends to give back more than $1 billion to taxpayers by 2023 and repeal inefficient industrial incentives. The new tax plan seeks to redirect incentives to individuals and businesses. The governor's proposal is aimed at offsetting the blow of President Trump's tax reform, which treats Puerto Rico as a foreign jurisdiction, forcing corporations to pay higher taxes than stateside companies.
Source: Caribbean Business blog on 2020 Puerto Rico Governor race , Mar 21, 2018

Tax breaks for retirees; exempt first $12,500 for everyone

Rossello has budgeted for a $200 million reserve demanded by a federal control board overseeing the island's finances that threatened to furlough thousands of government workers. In addition, the governor said he will soon submit a tax reform bill that will include more than $200 million in tax breaks and will exempt everyone from paying taxes on the first $12,500 earned. He also said retirees would not pay taxes on the first $25,000 earned instead of the current $15,000 if the bill is approved.
Source: The Indian Express on 2020 Puerto Rico Governor race , Jun 1, 2017

Other governors on Tax Reform: Ricky Rossello on other issues:
PR Gubernatorial:
Pedro Pierluisi
Wanda Vazquez Garced

Gubernatorial Debates 2021:
NJ:
Murphy(D) vs.Ciattarelli(R)
VA:
Northam(D,term-limited) vs.Herring(D) vs.Chase(R) vs.Fairfax(D)

Gubernatorial Debates 2019:
KY:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
LA:
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
MS:
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)

Gubernatorial Debates 2020:
DE: vs.Carney(incumbent) vs.Williams(D)
IN: vs.Holcomb(incumbent) vs.Melton(D) vs.Myers(D)
MO: Parson(incumbent) vs.Galloway(D) vs.Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D) vs.Cooney(D) vs.Williams(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Grange(R)
ND: Burgum(incumbent) vs.Coachman(R) vs.Lenz(D)
NH: Sununu(incumbent) vs.Volinsky(D) vs. fsFeltes(D)
PR: Rossello(D) vs.Garced(D) vs.Pierluisi(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Burningham(R) vs.Newton(D) vs.Hughes(R)
VT: Scott(incumbent) vs.Holcombe(D) vs.Zuckerman(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D)
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Local Issues
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty

 
Search for...





Page last updated: Jun 30, 2020