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Jack Lew is Right on Company Tax – The Wall Street Journal (Oct. 31, 2014)
Regarding your editorial “Jack Lew, Investment Killer” (Oct. 17): Even before the Treasury Department’s decision to prevent the use of “hopscotch” loans to evade taxation of repatriated earnings, U.S. multinationals had stockpiled nearly $2 trillion in foreign cash. Therefore, leaving the system … Continue reading
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Venezuela, Puerto Rico y la quiebra moral – SinComillas.com (7 de octubre del 2014)
Por David R. Martin El mes pasado, dos economistas venezolanos y catedráticos de Harvard, Ricardo Hausmann y Miguel Ángel Santos, criticaron la decisión del gobierno de Venezuela de seguir pagando a bonistas cuando el país ha incumplido con otros acreedores … Continue reading
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Territorial tax system goes hand in hand with decline – Financial Times (September 26, 2014)
The proposal that the U.S. join other countries in adopting a territorial tax system is a profoundly bad idea. (Obama’s halfhearted swipe at tax inversions, Sept. 24) First and foremost, the U.S. is not the same as other countries. It … Continue reading
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Hedge Funds Can’t Hide the Real Picture in Puerto Rico – Financial Times (Aug. 25, 2014)
Sir, As part of a desperate exit strategy, firms speculating in Puerto Rico bonds have ample reason to talk up the island’s economic prospects (“Hedge funds spark review of Puerto Rico economy”, August 21). But the fantastic assertion that the … Continue reading
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Lifting Life Support – Barron’s (July 19, 2014)
To the Editor: While its legal viability is questionable, the Puerto Rico Recovery Act sends a long-overdue message to revenue bondholders of commonwealth-owned utilities: The central government should not and must not subsidize bonds of these independent entities (“Puerto Rico: … Continue reading
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Nice Try, But A Federal Fix is Probably Necessary – News Is My Business (June 30, 2014)
By David R. Martin Shakespeare was right about one who protests too much: When denials are emphatic, it’s probably wise to believe the opposite. The relentless denials of an imminent default on Puerto Rico bonds by Gov. Alejandro García-Padilla almost … Continue reading
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El consenso equivocado – SinComillas.com (9 de marzo del 2014)
Desde antes de los comienzos de nuestro declive en el 2006 hasta el presente, ha seguido en la prensa un diluvio de reportes y opiniones promoviendo “la economía del conocimiento,” la alta tecnología, la innovación y actividades financieras sofisticadas como … Continue reading
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Gran Centro Turistico en Roosevelt Roads
El autor propone construir un gran centro turístico en los terrenos de Roosevelt Roads similar a Las Vegas, Macao o Dubai. Puerto Rico ya no es competitivo en la manufactura. En diez años, los empleos de manufactura han bajado del … Continue reading
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Trouble in Paradise – The Economist (Nov. 9, 2013)
Increasing competition and reducing red tape are indeed necessary to boost Puerto Rico’s economic growth. But more important “structural reform” involves a fundamental shift in the nature of Puerto Rico’s economic activities. For more than five decades, federal tax incentives … Continue reading
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Alternativas a la reforma – El Nuevo Dia (27 de diciembre del 2013)
El día de su aprobación, el Senador Popular, Ramón Nieves Pérez, publicó una explicación de su voto a favor de la reforma del Sistema de Retiro de Maestros (SRM). En la misma alega que ninguna organización sindical de maestros le … Continue reading
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