“I would prefer a tax on remittances to mexico sent back by the mexicans here.”
That IS the place to hit them but it’s impossible to do it. Even if we pass the necessary banking regs, what do you do about PayPal, bitcoin, money orders or mailing plain old cash. Plus keep in mind those remittances will be reduced accordingly with deportations.
>>PayPal
My PayPal requires CreditCard/Financial institution linkage. Wall tax would be applied to the electronic processing.
>>money orders
Processed like checks on redemption. Extract the Wall fee on the electronic backend when they cash it. The institutions cashing down South will either learn to tack on the fee or eat it.
>>bitcoin
That’s a bit more of a challenge.
It’d be dependent upon whatever the ability to identify and tax the “property” is:
https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance