Discussion on:

Why do medical companies want to do business in Puerto Rico?

Wow. Who would have thought that PR would be a haven for off-shore tax breaks.

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.

Please, give Puerto Rico it's freedom. Take away our subsidies, let them take the responsibility for their country, and quit shipping jobs there.

to other offshore areas like China and Korea and Mexico.

When the cost of doing business is so high in the U.S., especially due to our high corporate taxes and heavy government regulations, then, of course, businesses will be looking to move their plants and their jobs to friendlier and less expensive countries.

coming "home"; they be getting sent to other offshore locations which are business friendly and less costly.

But, something tells me that, your post is more to do with what seems to be an anti-Puerto Rico (anti-Puerto Rican) sentiment.

adrornoe, I have nothing against Puerto Ricans, I just don't like to see our tax policies driving jobs offshore a--hole.

PR is not a foreign country. it's a "possession" of the US, and its people are US citizens who come to the US without visas; they can live in either place. they are not much different from alaska and hawaii in that sense. they could be taxed federally, but then they'd expect proportional votes in congress, and that won't be allowed for reasons that you can figure out. their choice is to stay on the island and work for cheap for US corporations --one big maquiladora--, or come to the mainland (check out orlando, florida). the "subsidies" given to the PRs are really a subsidy --your tax dollars-- of the mainland corporations: the same ones who say they don't like the govt getting in their way.

are farmed out to more business friendly and less expensive places, you d_mba_s!

Fretting about jobs leaving and not understanding why they are lost to the mainland U.S., is just plain stupid. Like I already said, taking them from P.R. is not going to bring them to the other states. Those jobs will just go to the same places where the other lost jobs went to.

Mind you that, tax money not collected is not available for actual "redistribution".

In fact, if they are subsidies, then, there are many thousands of businesses in the U.S. clamoring for that type of subsidy.

If you want to call tax breaks the same as allowing people and businesses to keep their money and pay less in taxes, then that would be the best way of subsidizing economic growth.