The Traderszone Network

Published in TZ Latest News 6 December, 2015 by The TZ Newswire Staff

A Beleaguered Wal-Mart Sues A Broke Puerto Rico For "Astonishing" Tax Hike

It’s always amusing when unforeseen circumstances conspire to bring two previously disparate stories together in one hilarious boondoggle. 

As regular readers are no doubt aware, Puerto Rico is broke. “Let us be clear: We have no cash left,” governor Alejandro Garcia Padilla told Congress last week, after the commonwealth used an absurd revenue clawback end-around to avoid defaulting on some $345 million in debt that came due on Tuesday. 

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