2020 PR Gubernatorial race: on Tax Reform


Wanda Vazquez Garced: Economic development instead of unreasonable tax increases

Contrary to her predecessor Ricardo Rossello, Vazquez says she is inclined toward Republican philosophies. "Like individual rights, reduced government, that there aren't unreasonable tax increases," she said. "Basically a focus on economic development."
Source: NBC-Miami on 2020 Puerto Rico Gubernatorial race Aug 20, 2019

Ricky Rossello: $1 billion tax cut to offset effects of Trump's tax reform

Rossello provided more details about his proposed tax reform and the new Tax Incentives Code, with which he intends to give back more than $1 billion to taxpayers by 2023 and repeal inefficient industrial incentives. The new tax plan seeks to redirect incentives to individuals and businesses. The governor's proposal is aimed at offsetting the blow of President Trump's tax reform, which treats Puerto Rico as a foreign jurisdiction, forcing corporations to pay higher taxes than stateside companies.
Source: Caribbean Business blog on 2020 Puerto Rico Governor race Mar 21, 2018

Ricky Rossello: Tax breaks for retirees; exempt first $12,500 for everyone

Rossello has budgeted for a $200 million reserve demanded by a federal control board overseeing the island's finances that threatened to furlough thousands of government workers. In addition, the governor said he will soon submit a tax reform bill that will include more than $200 million in tax breaks and will exempt everyone from paying taxes on the first $12,500 earned. He also said retirees would not pay taxes on the first $25,000 earned instead of the current $15,000 if the bill is approved.
Source: The Indian Express on 2020 Puerto Rico Governor race Jun 1, 2017

  • The above quotations are from 2020 Puerto Rico Gubernatorial race: debates and news coverage.
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  • Click here for more quotes by Puerto Rico on Tax Reform.
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Candidates and political leaders on Tax Reform:

Gubernatorial Debates 2020:
DE: vs.Carney(incumbent) vs.Williams(D)
IN: vs.Holcomb(incumbent) vs.Melton(D) vs.Myers(D)
MO: Parson(incumbent) vs.Galloway(D) vs.Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D) vs.Cooney(D) vs.Williams(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Grange(R)
ND: Burgum(incumbent) vs.Coachman(R) vs.Lenz(D)
NH: Sununu(incumbent) vs.Volinsky(D) vs. fsFeltes(D)
PR: Rossello(D) vs.Garced(D) vs.Pierluisi(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Burningham(R) vs.Newton(D) vs.Hughes(R)
VT: Scott(incumbent) vs.Holcombe(D) vs.Zuckerman(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D)
Gubernatorial Debates 2021:
NJ:
Murphy(D) vs.Ciattarelli(R)
VA:
Northam(D,term-limited) vs.Herring(D) vs.Chase(R) vs.Fairfax(D)

Gubernatorial Debates 2019:
KY:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
LA:
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
MS:
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)
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Page last updated: Feb 12, 2021