JimBowie1958
Old Fogey
- Sep 25, 2011
- 63,590
- 16,756
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This is a great idea and one of many means by which Mexico can be compelled to pay for the wall.
Border Wall Funding Solved: GOP Pushes for 2% Fee on Money Immigrants Send Home
Border Wall Funding Solved: GOP Pushes for 2% Fee on Money Immigrants Send Home
A group of House Republicans on Thursday introduced the first major bill to fund President Trump’s border wall, saying the government could collect billions of dollars by imposing a 2 percent fee on all the money Mexicans and other immigrants send back home.
Estimates vary, but remittances from those inthe U.S. to their relatives back home could top $130 billion a year. A 2 percent tax could net more than $2 billion a year, if it applied to all money regardless of who’s sending it.
“This bill is simple – anyone who sends their money to countries that benefit from our porous borders and illegal immigration should be responsible for providing some of the funds needed to complete the wall,”
Estimates vary, but remittances from those inthe U.S. to their relatives back home could top $130 billion a year. A 2 percent tax could net more than $2 billion a year, if it applied to all money regardless of who’s sending it.
“This bill is simple – anyone who sends their money to countries that benefit from our porous borders and illegal immigration should be responsible for providing some of the funds needed to complete the wall,”