But won't Mexico just respond with taxes on the remittances of the millions of American laborers in Mexico who stand outside the Deposito de Casa stores every day, live 17 per home, and undercut the local Mexican wages?
This is an awesome idea and it could be done tomorrow. Not a Trump voter yet, but statements like this are what I do like about him.
No, it couldn't. If he tried to do something like that by Executive Order it would fail immediately because remittances don't require federal employee involvement, and those are the only people directly subject to an Executive Order.
If he somehow tried to do it via rulemaking, injunctions would be filed and granted almost immediately. Not only by individuals, but by entities that do transfers.
If he wants to do this, it will take Congress passing a law to that effect.
” But won’t Mexico just respond with taxes on the remittances of the millions of American laborers in Mexico who stand outside the Deposito de Casa stores every day, live 17 per home, and undercut the local Mexican wages?”
Bueno!
More than 10% of Mexico’s population is working and living in America...secondly the reason remittances are high is that these immigrants are earning more here in teh US than they could ever possibly earn in their native lands, which is why they have enough cash to remit back home to relatives.