This issue comes up every decade or so, and here it is again. The Democrats passed a referendum to allow Puerto Ricans to select whether they want to be a state or be cut loose. It seems like the Democrats do this every few years to pander to the Hispanic vote, even though they know that there is no chance this will pass the Senate.
Puerto Rico is a socialist disaster of a state, and if we are being honest, the entire island more closely represents a third world shithole than it does the US. I’m talking politically and visually. The tax rates are high, with a corporate rate of 37.5%, a personal income tax at 33%, and 11.5% sales taxes. On top of all of that, residents also pay US Social Security taxes, but not Federal Income taxes. In exchange, the US pays about $40 billion a year to Puerto Rico. In all, the government of Puerto Rico takes in about $12 billion in taxes, plus the $40 billion in US Federal money for a population of about 3.6 million, or about $14,400 per capita.
There was a time when President Trump speculated on trading Puerto Rico for Greenland because the island is dirty and filled with poor people. Honestly, I don’t know of any country that would take that deal.
I would like to see the place get cut loose. I just don’t see the benefit that the island gives the US.