Peter Schiff Goes to Puerto Rico

“Once I officially move to Puerto Rico, then I can get tax-free dividends on Puerto Rican-sourced income, which would include my business that has moved to Puerto Rico.  I can also make investments in the stock market and enjoy zero capital gains tax. Once I move to Puerto Rico, I can trade IBM as often as I want, and no matter how much money I make, I pay zero capital gain taxes in Puerto Rico, and I pay zero capital gain taxes in the United States.  So pretty much anything that you can do via the Internet, via the telephone, if you do it from Puerto Rico, you’re going to hardly pay any income tax, which is kind of the way it used to be in America.”

http://www.internationalman.com/articles/peter-schiff-goes-to-puerto-rico

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