Senator Gonzalez Costa discusses Act 22
Senator Gonzalez Costa says Act 22 provides extraordinary tax advantages to wealthy individuals while ordinary Puerto Ricans face displacement and economic insecurity. He opposes an economic model where benefits are privatized and costs are socialized.
Lastly, Act 22 and its equivalents has contributed to an economic model that provides extraordinary tax advantages to wealthy individuals,
while ordinary Puerto Ricans continue to face displacement, rising housing costs, and economic insecurity.
We are not opposed to development or investment.
We are opposed to an economic model in which the benefits are privatized while the costs are socialized and borne by the Puerto Rican people.