this post was submitted on 28 Oct 2023
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43% of people in Puerto Rico live in poverty.

More than 5,000 crypto traders, real estate developers and other wealthy Americans have moved to the island since 2012.

These rich transplants pay 3% taxes, while locals pay up to 36%.

We spoke with local residents, investigative journalists and activists as well as Rep. Alexandria Ocasio-Cortez to answer one question:

What happens when a government surrenders itself entirely to the 1%?

YouTube link: https://www.youtube.com/watch?v=i4ulSk0EqXU

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[–] Sanctus@lemmy.world 10 points 1 year ago