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CHLI Briefing Recap on Federal Tax Reform: A Path for Economic Development in Puerto Rico

Monday, June 5, 2017   (0 Comments)
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FOR IMMEDIATE RELEASE:
June 5, 2017
Contact:Michelle Archilla
Email:marchilla@chli.org
Phone:202.347.8280 ext. 305

CHLI Briefing Recap on Federal Tax Reform:
A Path for Economic Development in Puerto Rico

 

Washington, D.C– The Congressional Hispanic Leadership Institute (CHLI) held a Congressional Briefing on Federal Tax Reform: A Path for Economic Development in Puerto Rico, on May 4, 2017, at the Rayburn House Office building. The briefing is part of the CHLI Congressional Briefing policy series, which aims to facilitate an in-depth dialogue with various perspectives on relevant legislative topics impacting the U.S. Hispanic community.

CHLI President & CEO, Mary Ann Gomez Orta, welcomed the members of the audience and solidified CHLI’s commitment to the millions of U.S. Hispanics in Puerto Rico. For the past few years, CHLI has had the distinct honor of hosting a congressional briefing on various issues affecting Puerto Rico. CHLI was proud to support and facilitate the discussion on the economic development of Puerto Rico, as CHLI is acutely aware that the economic development of Puerto Rico is essential to the prosperity of all U.S. Hispanics.

Congressional remarks were made by CHLI Board Member, Congressman Carlos Curbelo (R-FL), and Congressman Darren Soto (D-FL). Congresswoman Jenniffer Gonzalez-Colon (R), Resident Commissioner of Puerto Rico, also provided welcome remarks, see her press release here.

Congressman Curbelo, a member of the Ways and Means Committee assured that he would keep working within the Ways and Means Committee to ensure that “Puerto Rico is treated fairly” through tax reform.

Congressman Soto, Florida’s first Congressman of Puerto Rican descent, said "We need to look at well-established programs that have worked in other states, like Child Tax Credits and Department of Agricultureloans,to give the people of Puerto Rico options to succeed,and make sure we empower the people of Puerto Ricoto bring the Island back to prosperity."

All three Members of Congress affirmed their commitment to working together and across partisan lines to bring muchneeded prosperity back to Puerto Rico.

Congressman Carlos Curbelo
Congresswoman Jenniffer Gonzalez-Colon
Photo left to right:Ivan Roman, Board Member of the Pharmaceutical Industry Association of Puerto Rico (PIA);The Honorable Roxana Cruz Rivera, Esq., Deputy Secretary of the Department of Treasury of Puerto Rico;Maximiliano Trujillo, President of MJT Policy, LLC.; Congressman Carlos Curbelo; Congresswoman Jenniffer Gonzalez-Colon; Congressman Darren Soto; Mary Ann Gomez Orta, CHLI President & CEO; andPete Sepp, President of The National Taxpayers Union

Panel moderator Maximiliano Trujillo, President of MJT Policy, LLC., facilitated the discussion between Pete Sepp, President of The National Taxpayers Union; Ivan Roman, Board Member of the Pharmaceutical Industry Association of Puerto Rico (PIA); and The Honorable Roxana Cruz Rivera, Esq., Deputy Secretary of the Department of Treasury of Puerto Rico.

The panelists each spoke about the importance of implementing tax reform that ensures a competitive advantage for Puerto Rico and stimulates much- needed economic growth on the island. “Tax reform is the one greatest thing we can do to tear down the barriers to economic prosperity,” said Sepp.

“Puerto Rico helps manufacture U.S products, and the stability and fiscal health of Puerto Rico is as important as the fiscal health of any other state,” added the Honorable Cruz Rivera.Roman, who represented PIA, noted the importance of not only protecting the high skilled manufacturing jobs already in Puerto Rico, but of fostering continued growth.

To conclude the briefing, Gomez Orta urged the audience to continue the dialogue surrounding the economic situation in Puerto Rico, “Let’s do our part and support our members of Congress and our friends in Puerto Rico,” she said.

Ivan Roman, Board Member of the Pharmaceutical Industry Association of Puerto Rico (PIA)
The Honorable Roxana Cruz Rivera, Esq., Deputy Secretary of the Department of Treasury of Puerto Rico
ModeratorMaximiliano Trujillo,President of MJT Policy, LLC.
Members of the Audience participate in Q&A with the panel

If you were unable to attend the briefing, watch it now via theCHLI youtube page here.

A special thank you to our briefing sponsors:

About CHLI:
The Congressional Hispanic Leadership Institute (CHLI) is the premier organization founded by Members of Congress and corporateleaders to advance the Hispanic community's economic progress with a focus on social responsibility and global competitiveness. Founded in 2003, CHLI is a 501(c)3 non-profit and non-partisan organization.CHLI is dedicated to fostering a broad awareness of the diversity of thought, heritage, interests, and views of Americans of Hispanic and Portuguese descent.


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