Puerto Rico’s crisis: How did it get so bad? – CNNMoney

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CNNMoney

Puerto Rico’s crisis: How did it get so bad?
CNNMoney
The island used to be a tax haven for some big businesses such as the pharmaceutical industry. It was cheaper to make drugs on the island than anywhere else in America because companies didn’t have to pay federal tax on the Puerto Rican operations.

and more »


CNNMoney

Puerto Rico's crisis: How did it get so bad?
CNNMoney
The island used to be a tax haven for some big businesses such as the pharmaceutical industry. It was cheaper to make drugs on the island than anywhere else in America because companies didn't have to pay federal tax on the Puerto Rican operations.

and more »

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