43% of people in Puerto Rico live in poverty. More than 5,000 crypto traders, real estate developers and other wealthy Americans have moved to the island since 2012. These rich transplants pay 3% taxes, while locals pay up to 36%. We spoke with local residents, investigative journalists and activists as well as Rep. Alexandria Ocasio-Cortez to answer one question: What happens when a government surrenders itself entirely to the 1%? ----- More Perfect Union is a new nonprofit media org with a mission to empower working people. Learn more here: http://perfectunion.us/ Follow us on Twitter: https://twitter.com/MorePerfectUS Instagram: https://www.instagram.com/perfectunion/ Facebook: https://www.facebook.com/MorePerfUnion

43% of people in Puerto Rico live in poverty.

More than 5,000 crypto traders, real estate developers and other wealthy Americans have moved to the island since 2012.

These rich transplants pay 3% taxes, while locals pay up to 36%.

We spoke with local residents, investigative journalists and activists as well as Rep. Alexandria Ocasio-Cortez to answer one question:

What happens when a government surrenders itself entirely to the 1%?

YouTube link: https://www.youtube.com/watch?v=i4ulSk0EqXU

  • unfreeradical@lemmy.worldEnglish
    8·
    8 months ago

    Chairman of the Ayn Rand Institute, Yaron Brook, boasts of having relocated to Puerto Rico, as part of his shtick demanding taxes are theft.

    I suppose someone with such a mentality finds some kind of joy in being estranged both to the populations from which he has originated and to the one that has become involuntarily his host.

    There can be no doubt that the population that repairs his cars and cleans his clothes shares with him no common interests, him being such a clueless, privileged white dude who rants nonsensical pitches no one wants to hear.