03-08-2021, 02:02 PM
(03-07-2021, 11:04 AM)Wes Mantooth Wrote: No, they're not like US corporations. Nor can you liken their tax code as to having similar loopholes.
It's not that hard to understand. They do not pay income tax unless they're employed by the US governent, or they're not a full-time resident. The employers (not employees) do pay into social security, medicaid/medicare as citizens are eligible for these benefits.
How can you bring about a term like loopholes when the vast majority of residents don't even have to file a tax return?
I just wanted to correct this, as it is incorrect. Puerto Rican employees do have to have their portion of the FICA taxes withheld from their pay by employers.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
