The “billionaire” who once had dreams of being an A++ lister before crawling back to his life of s.e.x. offending is supposedly based on the island that has been devastated yet again.

Instead of helping the people, he and his rich friends bailed.

Included in those rich friends are the YouTuber and his brother who said they made donations, but haven’t.

Brock Pierce

Puerto Rico

Does Brock Pierce live in Vermont? Answering ‘yes’ could cost the Senate candidate his Puerto Rican tax haven.

A cryptocurrency mogul’s flirtation with a U.S. Senate run in Vermont could cost him a generous tax decree in Puerto Rico that allows him to skip out on certain federal taxes.

Former “First Kid” and “Mighty Ducks” star Brock Pierce is the beneficiary of Act 22, a law passed on the U.S. territory in 2012 to coax the rich to relocate to the Caribbean island. The controversial decree offers a tax incentive seen nowhere else in the United States: the ability to maintain American citizenship while paying no taxes on passive income from capital gains, interest or dividends.

The catch? Those claiming tax exemptions under the law must reside in Puerto Rico at least 183 days a year.

That could be a problem for Pierce, who filed paperwork with the Federal Election Commission in November to run as an independent for the seat being vacated by U.S. Sen. Patrick Leahy, D-Vt. The requirements for a Senate run are governed by the U.S. Constitution, which states that Senate candidates must be inhabitants of the state in which they are running at the time of the election.

Pierce is leading the charge to remake Puerto Rico into a cryptocurrency utopia and has become a polarizing figure on the island. After months of pressure from local press, Puerto Rican officials in late May confirmed to El Nuevo Dia, Puerto Rico’s largest newspaper, that they were investigating whether Pierce had run afoul of Act 22 by moving to Vermont. – Source


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