They get 25Billion in money transfers a year, it is most of their economy. They will cave pretty quickly. And I say invest it and use the profit to pay our other expenses.
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The GDP of Mexico in 2016 is about $1.5 Trillion. That’s $1500 Billon. Take out your calculator and divide 25 by 1500 and multiply by 100 to get percent. That turns out to be a little under 1.7%.
“... Most of their economy.”
I don’t think so. And it is naive to think that much of that money wouldn’t eventually make it back to Mexico. This is just not enough leverage to convince Mexico, macho Mexico, to give in to Trump.
Back to the drawing board.
Take it up with Rush.
You have a better plan? Yeah, I didn’t think so.
Thus, a fee for money being sent out would seem to make sense. If the sender was a taxpayer there would be no fee, but otherwise use the fee appropriate to the earning level of the sender. For most poor working illegals that would be the 15% tax bracket, so perhaps 10% as that would take Deductions and Exemption tax reductions into account. For big transfers, indicating high income levels a much higher rate, tax that drug money.