Mexico advises workers to avoid new US Remittance Taxes - by using Mexican bank card

[martybegan]

Start jailing the employers and I will feel sorry for you

Fines are good enough.

Why would we want to put American companies out of business?

 

[Papageorgio]

Start jailing the employers and I will feel sorry for you

Don’t feel sorry for me, feel sorry for all the immigrants that are doing things the legal way, those are the ones you are shitting on.

I’m on record many times, if people are illegally hiring illegals, fine them, jail them, shut their businesses down, with no jobs, illegals go home and will do thing s legally, which seems to piss you off.

 

[justoffal]

Mexicans in US can avoid remittance tax with government Finabien cards, Sheinbaum says

President Sheinbaum on Friday promoted Finabien bank cards as a way to avoid US remittance tax, and shared news about consular resources.

mexiconewsdaily.com

President Claudia Sheinbaum on Friday promoted a government bank card that can help Mexicans living in the United States avoid the new remittance tax.

Sheinbaum recommended the new services available with the Finabien bank card, originally created in 2024 by the federal government's Financial Institution for Well-being (Finabien), brandishing a card for the cameras during her morning press conference.

"It's a very simple way to send remittances electronically and avoid making cash transfers," Sheinbaum said.

The new tax which goes into effect on Jan. 1, 2026 is a federal excise tax applied directly to outbound money transfers. Essentially, it is a fee charged across the board to each person who sends funds out of the U.S.

Imagine being the Leader of a country so desperate that you need another countries money from your own citizens that work in another country to send money to the citizens of your country.

Sounds like a great vehicle for money laundering.....Which I suspect is the purpose.

Meh, the US can shut that card and bank down from operating in the US and any others she recommends.

That won't work either..... Anything that originates from here can easily be traced and taxed.
If they manage to take care of the transaction tax free it will show up on their income tax forms at the end of the year. It's a stupid idea.

 

[hondo 50]