P.R. Laws tit. 13, § 391a
The Commission shall prepare a plan for the reform of the tax system of the Commonwealth of Puerto Rico so that it may attain, as far as possible, the following objectives:
(a) Propitiate a fair and equal distribution of the tax burden among the taxpayers of diverse income levels from different occupational categories so that on demanding of each one a proportionate contribution to his economic capacity there is achieved a better and greater redistribution of the income and of the riches.
(b) Provide revenues for the public treasury in such an amount that together with the incomes and resources which may be obtained from other sources they will be sufficient to defray the fulfillment of the fundamental aspirations of the Puerto Rican people in a reasonably short term.
(c) Maintain the incentives for a private economic vigorous activity, especially in the sectors of particular benefit for the country, but being extremely careful of not permitting any preferent tax dealings which lack a clear justification in terms of social benefit.
(d) Increase the efficiency in the levying and collection of taxes and facilitate the payment thereof by the taxpayers.
History —Jan. 30, 1973, J.R. No. 2, p. 538, § 2.