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Pay to the Order of Puerto Rico: The Cost of Dependence Hardcover – April 1, 2004

3.9 out of 5 stars 15 customer reviews

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Product Details

  • Hardcover: 256 pages
  • Publisher: Allegiance Press; 1st edition (April 1, 2004)
  • Language: English
  • ISBN-10: 159467289X
  • ISBN-13: 978-1594672897
  • Product Dimensions: 9.3 x 6.4 x 1.5 inches
  • Shipping Weight: 1.9 pounds
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (15 customer reviews)
  • Amazon Best Sellers Rank: #1,163,843 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Luis A. Pagan on February 4, 2006
Format: Hardcover
This book provides a point of view from an outsider who has more interest in solving our case than our own people do. This book is a must read for all puertoricans and for the US taxpayer. It is not perfect, but it's an eye opener. Myself being a former statehood supporter that now favors independence, recommend this book to anyone interested in how the last colony in the world is still surviving.
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Format: Hardcover Verified Purchase
This book takes a look at the status of Puerto Rico with regards to its relationship with the United States. The book comes from an outsider's perspective, as the author is an immigrant from Europe.

This book argues that Puerto Rico costs the United States $Billions per year. This dependency is addictive and is holding Puerto Rico back.

The book is an enjoyable read about an important policy issue, but in context of other relationships the United States has with other foreign bodies, the neither fish nor fowl status of Puerto Rico pales in comparison to greater levels of support for South Korea and Israel. Additionally, holding Puerto Rico doesn't embroil the United States in the quarrels of others, unlike the support for the former two nations. One is also hesitant to see Puerto Rico's tax dodges as anything different than that of Delaware's tax structure.

On the whole, this book is a very interesting take on the issue of Puerto Rico.
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Format: Hardcover
Taxpayer subsidies to Puerto Rico are costing every American taxpayer $400 per person, per year. The United States is not subsidizing the government of Puerto Rico or its population, but rather it is providing tax breaks for many of the USA's leading corporations-including drug companies-that have established operations in the Territory. Despite the subsidies, the percentage of the Puerto Rican population below the poverty level is a shade under 50%, a figure in sharp contrast to the poorest of mainland USA, and Puerto Ricans remain subjects, not full participants in the American democratic process.

Alexander Odishelidze's and Arthur Laffer's book, Pay to the Order of Puerto Rico, is a cry for freedom for the Territory of Puerto Rico and its people. The authors, well-known in their fields, offer a viewpoint that does not require a degree in economics to understand it.

Whether one agrees with Laffer's conservative politics or Odeshelidze's prescription does not challenge the facts of the situation. The book is clearly written, wastes no time on trivia and its length belies the quick read that it is.

Pay to the Order of Puerto Rico is valuable for putting the facts in front of the American public. While the USA is messing around in the Middle East, the theme of this book is a plea to right the wrongs far closer to home.

Review written by

Florence Hackman, CFA

Frank Cullen
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Format: Hardcover
The corporate tax breaks are above the 22 billion. Actually, now, in 2014, it is double that. Recent articles in PR Daily Sun state US's taxpayers spend over 2 billion just to cover PR unemployment benefits.

This costs US taxpayers dollars and Puerto Ricans self respect.
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Format: Hardcover
Many people in the United States mainland do not understand the Puerto Rico quagmire and the implications of the colonial status of the island. But what is worse is the cost to the American taxpayer of corporate welfare and its cost in the self determination of Puerto Rico. Odisheldize and Laffer put hit the nail right in the head. Any responsible U.S. taxpayer need to read this book. And any self respecting Puerto Rican needs to read this book and understand what is our reality.
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Format: Hardcover
The Book is very good, but it has a huge bias, because Puerto Rico cost are US$ 22 Billion Year, but in change US Companies receive from Puerto Rico US$ 42 billion. It does exist a gap of US$ 20 Billion in favor of us.

Essential book for Accountants, CPA, Economist, Tax writer, Citizens, lawmaker.
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Format: Hardcover Verified Purchase
Although it is a used book, received like new. Good price, fast shipment, It was a good deal.
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Format: Hardcover Verified Purchase
I am from Puerto Rico and had the opportunity to meet Mr.Odishelidze way before the publication of the book. We did not talked about the book but he impreesed me. With the book I learned a lot that I did not know about the Island.
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