I keep wondering why WE have to foot the billion dollar bill for border security. WE are a superpower---we should demand Mehico do something about this.
Keep in mind that the US (that's us, the taxpayers) provides the nuclear defense umbrella to protect Mexico, so that Mehico has no real defense expenses. America needs to let Mexico know that we will cut off every penny in aid it gets from the United States unless they do something about border security.
Mexico can well-afford it. Mexico is a wealthy oil-producing neighbor. Mexico has more "Forbes" billionaires, 11, than all but eight other nations. It has more billionaires than Saudi Arabia, Switzerland or Taiwan. It also has more than 85,000 millionaires. According to a CNN report, Mexico sits on oil reserves worth about $400 billion, but Mexico's state-owned oil company, Pemex, doesn't have the investment funds to tap those reserves, and Mexico's Congress refuses to allow foreign investment in Pemex. Some observers say this is due to Mexican gov't corruption, and the obsession to line their own pockets. The government of Mexico---with all of its oil revenue----needs to be pitching in to protect the borders (AND taking care of its own people, not "outsourcing' them as wards of American taxpayers).
(2) Adding insult to injury American taxpayers are subsidizing foreign transfers to Mexico. America should mandate proof for all cash transfers out of the US and/or force all transferring agencies -- banks, credit unions, Amex, Western Union to collect a substantial withholding tax -- 50%, say -- on every unexplained foreign remittance. (The percentage Mehican politicans are getting from this $20-30 billion bundle must be considerable or else it would be stopped).
I don't know about the taxing of sending money south. Seems like many legals do this too.
Would like to hear from others who may have some suggestions.
Thanx!