“Puerto Rico loses out on billions of dollars annually because it is treated unequally under a range of federal programs, including tax credits available to millions of households in the States that do not pay federal income taxes.” StatesLosesPayMillionsTaxesProgramDollarsIncludingAvailableCreditBillionsIncomeTreatedRangeHouseholdIncome TaxPuerto RicoRico Author:Pedro Pierluisi
“If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.” PeopleIfsDoeGovernmentCoursesNationsDealsPoliticianTaxesPercentConsequenceMethodAvailableIncomeTaxationDeficitDown The RoadBorrowingIndirect Author:Milton Friedman
“The Tax Court is independent, and its neutrality is not clouded by prosecuting duties. Its procedures assure fair hearings. Its deliberations are evidenced by careful opinions. All guides to judgment available to judges are habitually consulted and respected. It has established a tradition of freedom from bias and pressures. It deals with a subject that is highly specialized and so complex as to be the despair of judges. It is relatively better staffed for its task than is the judiciary.” DealsOpinionSubjectsJudgingDutyTaxesDespairJudgmentFairsTraditionTasksPressureIndependentCourtComplexesCarefulAvailableHearingGuidesBiasProceduresNeutralityJudiciaryDeliberationCloudedProsecuting Author:Robert H. Jackson