What Bad Bunny teaches us about Puerto Rican tax law

坏兔(Bad Bunny)教给我们关于波多黎各税法的哪些知识

The Indicator from Planet Money

商务

2025-03-10

9 分钟
PDF

单集简介 ...

Bad Bunny's new album DeBÍ TiRAR MáS FOToS laments how Puerto Rico is changing. We look at whether tax breaks to newcomers contributed. Related episodes: The battle for Puerto Rico's beachesWe Set Up An Offshore Company In A Tax Haven For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
更多

单集文稿 ...

  • Npr.

  • In January, Puerto Rican musician Bad Bunny released a new album.

  • And this album was distinctly Puerto Rican.

  • It sampled salsa and old school rhythms from the territory.

  • It was also full of messages, ruing what was being lost on the island in large part due to economic forces.

  • They want to take my river and my beach too.

  • They want my neighborhood and your kids to leave.

  • What Bad Bunny is beating his drum is part of a long history of political leaders trying to turn Puerto Rico into a tax haven.

  • This is the indicator from Planet Money.

  • I'm Darren Woods.

  • And I'm Wayland Wong.

  • Many countries try to boost their economies by attracting wealthy people.

  • President Trump recently announced a gold card visa for people willing to pony up $5 million.

  • On today's show, we're looking at how Puerto Rico tried to escape a grinding recession through tax breaks to newcomers and what Puerto Rico's experience can tell us about whether this approach works.

  • Are we overlooking the challenges facing men without college degrees?

  • Richard Reeves thinks so.

  • There are a lot of guys out there who are actually poorer than their dads.

  • Reeves heads the American Institute for Boys and Men.

  • Have we updated our view about the role of men as quickly as we've changed the economy around them?

  • And the answer is no.