Judge Strikes Down Puerto Rico’s Tax on Wal-Mart Amid Debt Crisis

HeadlineMar 29, 2016

Wal-Mart has won a legal victory against Puerto Rico after a U.S. judge struck down a tax Puerto Rico tried to impose on the retailer. This comes as Puerto Rico faces a massive $70 billion debt. After Monday’s ruling, Puerto Rican Governor Alejandro García Padilla vowed to appeal, saying, “The judge just took away $100 million from the people of Puerto Rico and gave it to Wal-Mart.”

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