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RE: Why do medical companies want to do business in Puerto Rico?
since operation bootstrap in the 1950s --designed the break the independence movement-- PR has been a tax haven for US companies. not mentioned here is that the workers are way underpaid compared to those on the mainland. the companies, selling at world market prices, make a big profit; the islanders are perennially in debt. that includes the govt, which last year fired tens of thousands of workers. this new advertising is no doubt a pitch to attract industry to an island of the unemployed.
Posted by LatAm
24th Nov 2010