Summary: Hurricane Maria may have devastated Puerto Rico from one end of the island to the other, but now a new force is set to be unleashed upon it: the Republican tax plan. A small provision in the House version of the tax bill aimed at boosting American industry would — perhaps unintentionally — devastate Puerto Rico’s economy. That part of the bill, Section 4303, is ostensibly aimed at keeping U.S. profits on U.S. shores. Under its current arrangement with the IRS, certain kinds of U.S.
