Middle-Income Families Are Burdened with the Greatest Contributory Pressure, According to the Study of the SMCC and Its Foundation
5 Articles
5 Articles
The maximum rate of contribution on income of 33% in Puerto Rico starts from a net income of 61,500 dollars, while from 200,000 dollars the effective rate remains between 19 and 20%, according to...
Study identifies an additional pressure because they spend much of their income on consumption, subject to the IVU and the arbitrations, while receiving little or no...
A contributory system that rests on very few By Redacción de Sin Comillas In the Puerto Rican contributory system a few taxpayers pay most of the taxes; two people with the same income pay different; few companies pay much; property is charged at 1957 prices and almost three quarters do not pay; and with a declining population in the future taxes will be collected. These are some of the findings of the study “Structural Radiography of the Puerto…
Families with annual income of between $40,000 and $60,000 face a significant contributory burden due to the combination of taxes on income, sales and arbitries, according to a study presented on Tuesday by the Puerto Rico College of Authorized Public Accountants (CCPA) and its Foundation, which proposes a comprehensive reform of the system. “This [...] The post Media Income Families face increased contributory pressure appeared first on Newspap…
Families with annual income of between $40,000 and $60,000 face a significant contributory burden due to the combination of income, sales and arbitration taxes, according to a study presented on Tuesday by the Puerto Rico College of Authorized Accountants (CCPA) and its Foundation, which proposes a comprehensive reform of the system. “This study [...]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
