Continue reading “THIS DAY IN HISTORY – U.S. forces invade Puerto Rico – 1898”
Tag: Puerto Rico
Tax Freedom in Puerto Rico
Guest Post by John Stossel
Want to pay no federal income tax?
Move to Puerto Rico.
Really. If you move to the island, you can legally pay none. There’s also no capital gains tax.
You just have to give 4% of your income to Puerto Rico.
The tax break was started by a Puerto Rican politician who’d watched years of high taxes fail to improve life on the island. He decided to try something different.
THIS DAY IN HISTORY – Puerto Ricans become U.S. citizens, are recruited for war effort – 1917
Barely a month before the United States enters World War I, President Woodrow Wilson signs the Jones-Shafroth Act, granting U.S. citizenship to the inhabitants of Puerto Rico.
Located about 1,000 miles southeast of Florida—and less than half that distance from the coast of South America—Puerto Rico was ceded to the U.S. by Spain in December 1898 as part of the Treaty of Paris, which ended the Spanish-American War. In 1900, a Congressional act created a civil government for the island; the first governor under this act, Charles H. Allen, was appointed by President William McKinley and inaugurated that May in Puerto Rico’s capital city, San Juan.
ILLUSION OF FREEDOM
“The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” – Frank Zappa
“The choice for mankind lies between freedom and happiness and for the great bulk of mankind, happiness is better.” ― George Orwell, 1984
The quote from Frank Zappa has truly come to fruition during the first two weeks of 2021. We have been living in a Surveillance State since the introduction of the Patriot Act in 2001 (Biden has boasted that he wrote the bill years before). Until Snowden and Assange revealed the depth and depravity of this un-Constitutional intrusion into our lives only the Deep State cabal knew the truth.
Most Americans ignored these revelations, as they continued to be distracted and entertained by their iGadgets and new social media platforms like Facebook, Twitter, Instagram, Youtube and others. These social media companies parlayed people’s narcissist need for affirmation, likes and followers into multi-billion-dollar conglomerates with near monopolistic control over the distribution of news, opinions, and on-line communication of the masses.
What happens if Puerto Rico becomes a state?
Guest Post by Simon Black
In late 2018, after more than seven fantastic years of living in Chile, I decided to move to Puerto Rico to take advantage of the island’s incredible tax incentives.
By moving to Puerto Rico, I traded my right to vote in US federal elections for a 4% tax rate. And I’m pretty confident I got the better end of that deal.
I’ve written about this quite extensively– but stick with me, because there’s a new twist to the story.
As we’ve covered before, Puerto Rico is a territory of the United States.
This means that the island falls under the jurisdiction of the US government for certain matters, like immigration and national defense.
But it operates independently in other matters– like taxes.
Continue reading “What happens if Puerto Rico becomes a state?”
Available now: free house with a majestic ocean view
Guest Post by Simon Black
Yesterday I had the pleasure of hosting one of our Total Access members, and his son, over to my house for lunch.
(We did this extremely radical thing where we happily shook hands, and then sat face to face to share a meal and a real, live conversation.)
He told me how he had spent the last few weeks here in Puerto Rico to decide if this was a place he could spend more time. And his answer was a resounding YES– in fact, he had already made an offer on a house.
Continue reading “Available now: free house with a majestic ocean view”
It turns out the Bolsheviks love the top 1%
Guest Post by Simon Black
One of the really interesting things about where I live here in Puerto Rico is that my house is located within the grounds of a resort… so I bump into a fair number of tourists when I’m at the gym or walking on the beach.
People engage me in conversation a lot– they can’t imagine actually living in such a paradise, and they’re full of questions about what it’s like.
I always enjoy talking about Puerto Rico and giving visitors a candid view of the advantages and disadvantages of living here. But almost invariably as part of that conversation, someone asks:
“Yeah, but don’t you lose the right to vote when you move here?”
Continue reading “It turns out the Bolsheviks love the top 1%”
Bolsheviks want to shut down Puerto Rico’s tax incentives
[Editor’s note: This letter was written by Sovereign Man team member Joe Jarvis, who recently moved to Puerto Rico.]
Local Puerto Ricans invariably tell me I’m overpaying on rent, and that I could have found a cheaper place to live.
I’m sure that’s true. But somehow I’m not upset about my gorgeous view over the ocean and private roof deck.
Beautiful beaches are right in front of me, along with three pools, a gym, and tennis courts.
At the nearby food trucks, Esteban makes a mean margarita. A native Puerto Rican, he recently went from bartending to owning his own kiosk. Same story for the father-son team who owns the ceviche truck.
They have a ton of new business now thanks to all the foreigners who are moving in to take advantage of Puerto Rico’s incredible tax incentives.
Continue reading “Bolsheviks want to shut down Puerto Rico’s tax incentives”
Puerto Rico Earthquake
Guest Post by Martin Armstrong
Many people have been writing in asking what does Socrates have to say on the earthquake that shook Puerto Rico. This was the first people have really felt since 1917. While such earthquakes may appear to be rare events, there is a general 19.29-year cycle on earthquakes in that general region of the Caribbean. Here is the data of just major earthquakes in the Caribbean.
You have 49 days left to come to Puerto Rico
Guest Post by Simon Black
Over the past two decades, one of my hobbies has been chronicling my family history.
It started back in the early 2000s right around my first military deployment. I wasn’t sure if I was going to make it home, so I had a strong desire to know more about my ancestors.
I was fascinated by what I found– not just names and dates, but the stories of their lives. And the more I discovered, the more I wanted to go even farther back.
After 18 years of doing this, I’ve managed to trace my ancestors back nearly 1,000 years to the Norman conquest of England.
(William the Conqueror ordered regular census studies to be taken, so there are ample records from that era.)
One consistent theme about my ancestors that I learned– most of those people never went anywhere.
Continue reading “You have 49 days left to come to Puerto Rico”
Congress Indifferent to Puerto Rico’s Tragedy; U.S. Citizens Left in the Lurch
Guest Post by Joe Guzzardi
After an absence of more than 50 years, I returned to Puerto Rico this month to view firsthand Hurricane Maria’s devastation. I spent most of my formative years growing up in Puerto Rico, attended a local high school, and took my first post-college job on the island. My emotional ties to Puerto Rico are strong; my son, a true borrinqueno, and one of my sisters were born in San Juan.
Over the years, I had thought often of going back to visit old haunts, but never did. I knew that decades of booming tourism had spawned rampant development along miles of unspoiled Atlantic Beach coastline, forever changing Puerto Rico’s landscape. From Thomas Wolfe’s “You Can’t Go Home Again,” “Some things will never change. Some things will always be the same.” But things only remain the same in a person’s mind if he never goes back.
Continue reading “Congress Indifferent to Puerto Rico’s Tragedy; U.S. Citizens Left in the Lurch”
Profiteering On Misery
Whitefish Energy. They are a two person firm from Whitefish Montana. They were awarded a contract to restore much of Puerto Rico’s power.
Each lineman will be paid $319 an hour. Nightly accommodation fees of $33o per worker. A food allowance of $80 per day. That’s one million dollars a year per lineman (if they work ten hours a day for six days a week with two weeks vacation) just for wages.They are sending 300 lineman.
Misery = Profit. Maybe all of us TBPers can become mega-millionaires when TSHTF. We should put our collective heads together and come up with The Plan.
I am so damned SICK and TIRED of EVERY damned thing in America!
In the Murk
Guest Post by Jim Kunstler
Puerto Rico, You lovely island,
Island of tropical breezes….
— West Side Story
Welcome to America’s first experiment in the World Made By Hand lifestyle. Where else is it going? Watch closely.
Ricardo Ramos, the director of the beleaguered, government-owned Puerto Rico Electric Power Authority, told CNN Thursday that the island’s power infrastructure had been basically “destroyed” and will take months to come back
“Basically destroyed.” That’s about as basic as it gets civilization-wise.
Residents, Mr. Ramos said, would need to change the way they cook and cool off. For entertainment, old-school would be the best approach, he said. “It’s a good time for dads to buy a ball and a glove and change the way you entertain your children.”
“We’ve Never Seen Anything Like This” – Maria Slams Puerto Rico With 9-Foot Storm Surge, 155Mph Winds
by Tyler Durden
Sep 20, 2017 8:20 AM
Hurricane Maria made landfall near the city of Yabucoa, Puerto Rico, at around 6:15 am Wednesday, according to the National Hurricane Center, battering the densely populated eastern side of the island with torrential rains and 155 mph gusts as hundreds of thousands of people hunkered down in one of the island’s 500 storm shelters in hopes of riding out the second major hurricane to impact the island within two weeks.
Category 4 Maria slammed the island with winds of 155 mph, just 2 mph short of category 5 status.
How Puerto Rico’s Collapse Could Hurt Your Savings… And What to Do About It
From Birch Gold Group
After struggling for years, Puerto Rico is filing for bankruptcy protection — triggering what would be the largest municipal debt restructuring in U.S. history.
For years, Wall Street has been buying up Puerto Rican bonds like hotcakes, even as the territory has shown serious signs of economic instability. Now, with Puerto Rico filing for bankruptcy protection, all those funds (and the underlying investors and average Americans tied to them) are likely to suffer serious losses.
But how did it come to this?
Continue reading “How Puerto Rico’s Collapse Could Hurt Your Savings… And What to Do About It”
