 It resulted in an estimated $500,000 monthly income for the city.However, the municipal tax was increased to 1.5% after the establishment of the 5.5% state tax for a total of 7% and the tax was declared illegal by the Puerto Rico's Supreme Court.During 2006, Miranda Marin began calling Caguas "El Nuevo Pais de Caguas" ("The New Country of Caguas").