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March 29, 2016

Judge Strikes Down Puerto Rico's Tax on Wal-Mart Amid Debt Crisis
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Wal-Mart has won a legal victory against Puerto Rico after a U.S. judge
struck down a tax Puerto Rico tried to impose on the retailer. This
comes as Puerto Rico faces a massive $70 billion debt. After Monday's
ruling, Puerto Rican Governor Alejandro García Padilla vowed to appeal,
saying, "The judge just took away $100 million from the people of Puerto
Rico and gave it to Wal-Mart."
Topics:Walmart Puerto Rico Debt

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