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Opinion | Donald Trump’s platform for Puerto Rico

As the federal government’s fiscal deficit increases due to tax cuts, Puerto Rico will be impacted by higher inflation, writes Vicente Feliciano

August 22, 2024 - 10:44 AM

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El mensaje de Trump, un multimillonario de 70 años, cerrará la convención presidencial republicana.

Since taxes on Social Security income go into the Social Security fund, eliminating taxation as Donald Trump proposes advances the insolvency date of the pension system to 2032 and Medicare to 2030, writes Vicente Feliciano (Agencia EFE)

By Vicente Feliciano

Economista

Former President Donald Trump’s platform did not include Puerto Rico-focused issues in his administration’s platform. However, his economic proposals for the United States, if he wins the November elections, would have important impacts for the island.