Would be a shame if all remittance payments from the U.S. to Mexico came to a screeching halt. /s
I believe those ‘payments last year from Mexicans in the US, legal and illegal, totaled 24 billion dollars. A ‘fee’ of 4-5% on the transfer of those remittances could raise over 1 billion per year. The wall has been estimated to cost 10 billion. Considering these projects are usually budgeted over 10 years-——a wall payed for in 10 years by Mexicans. BTW, a ‘fee’ on remittance payments is nothing new. The U S did it to Cuba for decades.
I believe those ‘payments last year from Mexicans in the US, legal and illegal, totaled 24 billion dollars. A ‘fee’ of 4-5% on the transfer of those remittances could raise over 1 billion per year. The wall has been estimated to cost 10 billion. Considering these projects are usually budgeted over 10 years-——a wall payed for in 10 years by Mexicans. BTW, a ‘fee’ on remittance payments is nothing new. The U S did it to Cuba for decades.