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Posts by Javier Balmaceda

Puerto Rico on Verge of Implementing an EITC

December 10, 2018

With Puerto Rico’s governor signing a major tax package into law today, the Commonwealth is slated to implement a local Earned Income Tax Credit (EITC) in 2019. The EITC is a proven and much-needed tool that should help the Commonwealth combat high levels of poverty (...

Puerto Rico's New EITC Will Boost Working Households' Incomes

Without More Federal Funding, 1.4 Million Puerto Rico Residents Face Food Aid Cuts

December 10, 2018

Some 1.4 million Puerto Rico residents will face deep cuts in food assistance or lose it entirely in March unless President Trump and Congress provide more funding for the Commonwealth’s Nutrition Assistance Program (NAP) — which is Puerto Rico’s version of SNAP (food stamps). Policymakers can avert this “March cliff” by providing the needed funding in the disaster legislation they may...

Grocery Shopping