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to Six on History
Why would anyone in Puerto Rico want a hurricane? Because someone will get rich.
"Puerto Rico already had a higher rate of income inequality than any U.S. state, and it has only been made worse by tax incentives used to lure investors at the expense of a depleted public sector. Puerto Rico’s Act No. 22 allows wealthy investors to evade federal and local income tax by spending a minimum of 183 nights a year on the island. These types of initiatives promote the arrival of wealthy retirees and part-time Caribbean residents, who are able to erect multimillion-dollar mansions complete with hurricane-proof bunkers, while many of those born and raised in these societies must rely on public infrastructure that has been deeply eroded to service foreign debt and provide tax breaks."