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1 posted on 07/08/2020 4:45:28 AM PDT by knighthawk
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To: knighthawk

If we taxed the snot out of it, it might lessen their temptation to come here in the first place.


2 posted on 07/08/2020 4:53:43 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: knighthawk

untaxed is a trigger word. What does it mean? Which taxes haven’t been paid? I suspect fica taxes have been paid and other taxes.

Eventually those dollars have to come back to the USA and purchase goods. Or not? They stay in circulation on foreign soil and do not cause inflation here.

A little more complicated than we might think.


6 posted on 07/08/2020 6:00:26 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: knighthawk
Migrants in the United States sent about $103 billion in mostly untaxed remittances to six foreign countries last year — including about $19 billion to China.

Bullsh&t Headline, should be something like:

Federal Reserve willingly participates in Laundering over $100 Billion in Illegal Funds to 6 foreign Countries.
7 posted on 07/08/2020 6:03:16 AM PDT by eyeamok
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To: knighthawk

everyone who comes to the us does it, sands money back to the old country, Chinese Korans, Indians Filipino, mexicans


9 posted on 07/08/2020 7:20:08 AM PDT by markman46 (engage brain before using keyboard!!!at)
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To: knighthawk

Slap a 50% tax all of these remittances no matter where they’re going.

L


11 posted on 07/08/2020 8:51:13 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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