Push For Puerto Rico Statehood Vote Gets One Step Closer With House Approval — But Faces Long Odds In Senate. BySara Dorn, Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.

The bill, which would establish a process for Puerto Rico to hold a referendum on the matter, passed the lower chamber 233 to 191, with 217 Democrats and 16 Republicans voting in support. "Today's ...

Currently, Puerto Rico imposes a progressive income tax with rates reaching up to 33%, a figure notably higher than California's top marginal rate of 13.3%, the highest among in the Union.

The minimum wage in Puerto Rico is set to increase again in July 2023 to $9.50 an hour, according to the new law. Another increase to $10.50 is being considered for July 2024, but it would require ...

The program’s full rules are still to be ironed out, while its impact on ABS efforts in other states remains an open question ...

On Tuesday, Puerto Rico’s government revealed its plan: Driver’s licenses will now read “Puerto Rico USA” on the top, ... the new licenses are a “step in a right direction,” he said.

Puerto Rico is using residents’ home batteries to back up its grid The yearlong pilot could be the first step in creating a residential-storage virtual power plant larger than any in North America.