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Puerto Rican Tax Breaks... A Lifeline to Puerto Ricans or Corporate Welfare for U.S. Business

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One of the most heated elements in the relationship between Puerto Rico and the U.S. federal government is something called Section 936 of the IRS tax code which gives generous tax benefits to U.S. companies that set up in Puerto Rico. But some in Washington say its corporate welfare. The House just passed a law repealing section 936 and the Senate will consider the issue in the next two weeks. Juan Gonzalez co-hosts.

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