Unsure Of The Future, Mexican Immigrants Scramble To Send Money Back Home

MSN.com ^ | 28 January 2017 | Jasmine Garsd

[zeestephen]

Remittances, or cash that gets wired, is a big deal for a lot of countries around the world — including Mexico. Just in November alone, nearly $2.4 billion in cash was sent there, mostly by Mexicans and Mexican Americans working in the US. That's the most money Mexicans have sent back in a single month in the last 10 years. And it's more income than Mexico makes off oil.

[LydiaLong]

MSN said ‘home,’ suggesting that America is not their home.

[MotorCityBuck]

Keep the $$. Send them back. But we keep the Cat Jugglers! 🐱

[867V309]

Tax that money!!

You said it, brother.

If mexi imports are taxed to pay for the wall, WE PAY THE TAX. If remittances are taxed, THEY do. It's a no brainer.

[umgud]

There are either a whole bunch of them or they make a whole lot more than min wage.

[Lurkinanloomin]

Illegal aliens are not immigrants.

Immigrants are people who apply to be Americans in their home country, pay their fees, wait their turn, learn the language and comply with the laws.

Immigrants have nothing to fear, they comply with the laws.

[AmusedBystander]

Just wait to see the numbers when they start sending their EIC refunds from IRS back in a week or so.

[Cheerio]

START THE TAXING OF REMITTENACES IMMEDIATELY

[Democrat_media]

Trump also banned ALL Refugees from all countries for 120 days. That was a huge invasion of Muslim Islamic vermin and many other millions of third worlders stopped. That's why my city is overrun politicians letting refugees in from many countries Muslim ones too

[zeestephen]

Re: “Note to self: sell Western Union stock.”

LOL!

Freeper “Old Economy Buyer” is selling one of the oldest stocks in the world.

Western Union - Founded 1851

As I recall, Western Union processes more remittances than any other company in the world.

Trump is shaking everybody up - even Conservative investors!

[Lurkinanloomin]

Mexico does not respect the US or our laws.
The government has been encouraging Mexicans to illegally enter our country, get benefits fraudulently, work illegally and send the proceeds home.
Remittances from the US is Mexico’s largest source of income.
They are a cleptocracy.

[IWONDR]

“Illegals always send their unTaxed Cash to Mexico, they don’t need it because they use Taxpayer funded welfare to pay their living expenses here.”

if an illegal reports making 12 thousand a year, and claims 3 children, on their federal taxes that person is able to claim $5,411 in earned income.

[God luvs America]

this was an article from the reuters right before the elections...

http://www.reuters.com/article/us-usa-election-mexico-migrants-idUSKBN13005N

Dependent on migrant dollars, rural Mexico prays for Trump defeat

[a fool in paradise]

Operative word is “home”.

[WENDLE]

I don’t but Mexican crap any way especially since the e coli rampages that killed so many because mexicans fertilize with human sewage. Lettuce and mexican tomatoes should be outright banned. So I won’t be paying import taxes— EVER.

[zeestephen]

Re: “MSN said ‘home,’ suggesting that America is not their home.”

Good catch, Lydia.

I completely missed that.

[Lurkinanloomin]

America is not their home, they are Mexican nationals illegally in our country.

Illegal aliens are not immigrants.

Immigrants are people who apply in their home country to be Americans, pay their fees, wait their turn, learn the language and comply with the laws.

[Timpanagos1]

If they are legally here in the country or if American Citizens are sending money to Mexico, there is not much that can be done to stop the flow of money to Mexico.

[A_perfect_lady]

If we can stop the remittances going out and the heroin coming in, that wall will have paid for itself.

[mrsmith]

Some share of remittances go to the cartels that smuggled the immigrants in and that hold their families hostage for payments- payments that never end.

Taxing and controlling remittances would be a boon to law and order in Mexico.