“And how many billions of dollars are wired into Mexico from illegals in this country? Follow the money. “
President Trump, if he hasn’t already, call up that little pinche chilon, Pena NIeto and tell him that “remittances” will be taxed at 50% for anyone here attempting to wire money to relatives in Mexico when they are unable to provide proof of the income taxes being paid on the money. Might also let it be known that ICE will be hanging around Western Union offices asking for ID as well.
This is a very bad idea which will only drive the illegals to look for ways to send money which are not taxed. The obvious beneficiaries would be the drug cartels who already have methods of illegally transferring large sums from their customers in the US back to Mexico. Just open the pipeline a little wider and, behold, they are now in the banking business. Exactly the outcome we don't want.
Instead, something much more reasonable, like a 5% tax, might produce grumbling in the illegal community, but is a small amount for the assurance that the other 95% of the money will get there. The tax must be small enough that the cartels will not find it profitable to provide an alternative service. Otherwise we just strengthen the criminal element.