Comments on: The story behind state business incentives Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 By: BBrite Mon, 07 Oct 2013 19:13:50 +0000 It has been reported that Puerto Rico’s economy has been in decline for several years, hurt by tax breaks that attracted U.S. companies for decades but ended in 2006. As of August, the unemployment rate was 13.9%, higher than any U.S. state.