According to Velazquez’s office, Puerto Rico will lose an estimated $4.5 billion in revenue from 2020 to 2026 due to tax breaks for wealthy investors.
Quote
Sources
Democrats Take Aim at Puerto Rico Tax Perks for Crypto Investors
Referenced by
Representative Nydia Velázquez’s office estimates that the U.S. government is losing billions in tax revenue due to the continued tax advantages under Act 60
Crypto news
Claim
