how about a 20% tax on money sent home to mexico
“...has often felt bullied and threatened by its wealthier, more powerful neighbor.”
Whenever I invade a neighbor’s house without invitation, I feel...’bullied’.
[ MEXICO CITY—President Enrique Peña Nieto on Thursday called off a trip to Washington, after President Trump launched his plan to construct a border wall and insisted he would stick Mexico with the bill. The incident opened one of the most serious rifts in memory between the United States and its southern neighbor. ]
GOOD
I, for one, am tired of Mexico living off the United States of America. Tired of the Reconquista, the massive invasion, the subterfuge of America’s sovereignty. This insurgency must stop.
They can have Senor Jeb, who wants to make America Mexico Again. Adios, Jeb.
It’s still a tax which would need approval of Congress. How many will vote for a tax increase? They may fund the wall but it won’t be this way.
Works for me!
That means the American consumer will pay for the border wall by paying 20% more for Mexican goods.
Cost of wall = $15B
Lets say at today’s rates, financing it over 20 years cost $22B.
Mexico exports $295B to the US annually.
This is a little simplified, but a 0.4% tax on Mexican exports would pay for the wall...even if such a tax reduced exports by half, 1% tax would pay for it.
On the remittance side, around $25B a year is sent back...so a remittance tax would have to be 4.4%. I’m sure these remittances would go underground if taxed, so maybe it would have to be 10%. I wonder how much they’re already paying to wire transfers, etc. If illegal immigrants were replaced with legal guest workers, they may be able to use traditional bank accounts and skip the wire transfer fees...making their cost a wash.
Anyway, I think Trump is starting with very high numbers, so the final number looks smaller.
There is an easier way to make Mexico pay. Start deporting Mexican illegal aliens. The amount of money they send back to that country is a major part of their economy. We won’t have to feed, house, and care for millions of them who do receive handouts.
Straight outta Trump’s BEST SELLING playbook.
Make outrageous demands to get their attention. You can only go down from there.
Illegal aliens cost the U. S. over $300 billion annually. We should never have acquiesced and continued to put up with this criminal action.
Furthermore stupid drug-addicted Americans bolster the evil Mexican narcotic industry which could grind to a halt if we treated drug salesmen like Singapore and the Philippines do: kill them!
What the drug salesrats do to our economy and the minds of our weak citizens is a crime that cries to Heaven for vengeance.
“The incident opened one of the most serious rifts in memory between the United States and its southern neighbor.”
One of the most? Try the most. And we are loving it.
This was a very bad day for Mexico.
Bookmark bttt.
Let’s budget in not only the Wall, - but a randomly activated Mine field as well as a few trip wires. I don’t think that’s asking for too much.
How about taxing the remittances illegals send to Mexico? Well, at least until the President puts them all out of work .. heh
“Mexicans view a wall across the 2,000-mile border as a symbolic affront”
Walls do work. (just ask Cankles about her walled-in Chappaqua compound). Even more importantly, the wall (with accompanying armed Border Patrol agents) will send a very strong message: “Obey our immigration laws or pay the price.”
“Mexicans view a wall across the 2,000-mile border as a symbolic affront”
Walls do work. (just ask Cankles about her walled-in Chappaqua compound). Even more importantly, the wall (with accompanying armed Border Patrol agents) will send a very strong message: “Obey our immigration laws or pay the price.”
Dumb idea.....If we buy say 1 billion barrels of oil per year from them for $45.00 each.....simply advise that we will still buy the oil, but $43.00 goes to them, $2.00 goes toward the wall.....simple!!