Money transfers to Mexico see record surge in March

The Hill ^ | 05 05 2020 | Rafael Bernal

[jmacusa]

Mexicans pull some $22 billion a year out of our economy. And all this after receiving free health care, drivers licenses and free education. God Almighty I despise them. Does that idiot of a Mexican president not realize he and his government are a failure when it comes to providing opportunities for his won people? Apparently not. Just let them violate Americas border and it's laws. Pinche cabron.

[mosesdapoet]

Should be taxed to cover Wall construction and sanctuary city expenses.

[null and void]

It’s time we taxed “remittances” at say 25% or more.

Pretend it's unreported income, tax it as if it were from $100,000 of annualized income with no deductions or credits.

Oh? That's too high? File a 1040 on April 15th and reclaim any over payment.

Deliberately claiming you have less income than you actually do would be a VERY bad move. No statute of limitations on defrauding the IRS...

[monkeyshine]

I don’t think you added the cocaine and methamphetamine money into your calculation.

[Phil DiBasquette]

Look and see what other countries charge

Find the highest and quadruple it

Like if you win at a Caribbean casino what
you get to take home

[Svartalfiar]

The $$ amount isn’t the crazy number - it’s the number of transactions. 10MM transactions PER MONTH tells us there’s at least that many of them in these US, that are working to send the $$ home.

Then many of these likely have a husband or wife whose $$ are combined, since it saves on fees. (Same reason I would think most of them would send $$ home once a month, not weekly or so.)

Figure what, two kids per illegal there? (Probably more on average.)

So the big official estimate of 10-12MM illegal aliens present in these US turns into something more like 30MM or more!