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What Bad Bunny teaches us about Puerto Rican tax law

Bad Bunny performs live on stage in San Juan, Puerto Rico on December 10, 2021. (Photo by RICARDO ARDUENGO/AFP via Getty Images)
RICARDO ARDUENGO
/
AFP via Getty Images
Bad Bunny performs live on stage in San Juan, Puerto Rico on December 10, 2021. (Photo by RICARDO ARDUENGO/AFP via Getty Images)

Bad Bunny's new album DeBÍ TiRAR MáS FOToS laments how Puerto Rico is changing. We look at whether tax breaks to newcomers contributed.

Related episodes:
The battle for Puerto Rico's beaches
We Set Up An Offshore Company In A Tax Haven

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Copyright 2025 NPR

Darian Woods is a co-host of The Indicator from Planet Money.
Wailin Wong
Wailin Wong is a co-host of The Indicator from Planet Money.
Angel Carreras
Angel Carreras is an assistant producer for The Indicator from Planet Money. He is a Bakersfield-raised, Cal State Long Beach graduate. He previously worked at KCRW, the NPR member station in Los Angeles. He has produced award-winning and character-driven work, with subjects that have included masked puppeteers, mutual aid groups, and community activists.
Kate Concannon
Kate Concannon is the Supervising Senior Editor at The Indicator from Planet Money. She leads this small, collaborative team of hosts, reporters and producers in making sense of crucial, but often complex and confusing, economic news in just 10 minutes a day.