Al Ritter
I’ve long been a proponent of taxing remittances.
Foreign workers whether in the country legally or not have been depleting our
resources for decades.
Most of these workers come from poor countries that
offer little in the way of wages, so being an American worker even if paid sub-standard
wages here, makes them more money than if they stayed in their home country.
Remittances are wages they earn here and then send
back to family members in their home country. This is money that will NEVER
return to the United States, never to be spent here to bolster OUR country’s
economy.
In a recent article by left leaning Yahoo, they claim
that the “Big Beautiful Bill” has already devastated third world countries by
eliminating the fraudulently corrupt USAID, and taxing remittances will only
make things worse.
I suppose it depends on whether you think our country
should be propping up third world countries first, or we should be serving our
citizens first. The answer to that was decided by 77 million Americans last
November.
Just look at the remittances sent back to Mexico in
2021! $52 BILLION! That’s 4 years ago folks! What do you think that figure is
now going back to Mexico?
IMO 3.5% is a joke of a tax on remittances, but it is
a start
Read more of Yahoo’s whiny article here:
