I'm sorry but you can not use this story .
It is totally against all liberal policies .
How dare you cite facts .
A Tax on remittances to Mexico .
Mexicans working in the USA will end up paying for the wall .
Meanwhile Mexico will see their GNP go down .
How would a plan like that be administered? How would we determine what is a remittance and what is a fee for a service? What's to stop people from putting cash in an envelope and mailing it? I've heard the idea proposed but never an explanation of the logistics involved.Slap a 10% fee on remittances .
Mexico's GNP is dependent upon money flowing home from workers working in the USA ( last reported amount was around $26B US .
$2.6B US / yr would more than cover any costs .
The point of not paying taxes is moot, since taxes will not be involved here .
More than just Mexicans remit money back home , a straight 10% fee on all transactions should be used .
We wouldn't want the left to think that only one group is being picked on .
OK. currently is the only place that has imposed such a fee and no one seems to mind .
The wall costs somewhere in the neighborhood of $16 million per mile (times 1300 miles) so how many "Mexicans" would we need to tax to pay for the wall?
#AlternativeMathSlap a 10% fee on remittances .
Mexico's GNP is dependent upon money flowing home from workers working in the USA ( last reported amount was around $26B US .
$2.6B US / yr would more than cover any costs.
#AlternativeMath
So using your example, it's obviously not enough money to build a wall.A fee to send funds out of this country is easy to do .
The state of Oklahoma charges a one percent fee on all personal wire transfers of cash to accounts outside the state. The state treats the fee as withholding from state income tax, so any Oklahoma resident who files taxes eventually gets the money back. Those in the country illegally obviously don’t file state income taxes, so they never get the money back or have it credited against a state tax debt. The “wire transmitter fee” brought in $9.7 million in 2013, $10.5 million in 2014 and in 2016 $12.6 million .
Now consider that on a national scale .
Now if someone could only stop the email scammers from asking for payments on gift cards.
A fee to send funds out of this country is easy to do .
The state of Oklahoma charges a one percent fee on all personal wire transfers of cash to accounts outside the state. The state treats the fee as withholding from state income tax, so any Oklahoma resident who files taxes eventually gets the money back. Those in the country illegally obviously don’t file state income taxes, so they never get the money back or have it credited against a state tax debt. The “wire transmitter fee” brought in $9.7 million in 2013, $10.5 million in 2014 and in 2016 $12.6 million .
Now consider that on a national scale .
Now if someone could only stop the email scammers from asking for payments on gift cards.
But if the point of building the wall is to keep said persons from being here in the first place to send the wire transfers, how are you going to raise tax revenue from persons and their actions that don't exist to begin with?
The vested interest of taxing something in order to raise revenue is for that something to grow in order to arrive at more tax revenue.
So using your example, it's obviously not enough money to build a wall.
I dunno man I'm not a statistician. I know you're not going to get 20+ billion dollars from taxing the wire transfers of illegal immigrants, the suggestion is a total distraction.if each state did the same, how much would that be??
I mean, there's only 3.9 million people in OK
try that example with TX or Ca
I dunno man I'm not a statistician. I know you're not going to get 20+ billion dollars from taxing the wire transfers of illegal immigrants, the suggestion is a total distraction.
it doesn't happen overnight.
my town is getting a new library, it's going to cost the locals 20 years of increased taxes to pay for it
The "wall" will be built.Do you actually believe, in opposition to all factual and rational evidence, that Trump will 'make' Mexico pay for a wall?
I doubt this 'wall' will ever be built.
Wait I thought Mexico was going to pay for it... lmao.it doesn't happen overnight.
my town is getting a new library, it's going to cost the locals 20 years of increased taxes to pay for it