Mexico is now the second-largest recipient of remittances in the world. In 2023, Mexico received $63.3 billion in remittances, accounting for roughly 7.5 percent of global remittance flows and establishing the country's position as the second-largest destination for such funds worldwide.
Did you get that? The U.S. economy is bled of billions of dollars every year that illegals here send back to family. It has to stop!
Trump should enforce a temporary moratorium on remittances to Mexico except through bank transfers or B2B wires. If they can't send money back, it's more likely that they'll self-deport. Most only come here to make money for their families back home. Stop that and the game ends.
Why allow those monies at all? At least require proof of citizenship.
Did you get that? The U.S. economy is bled of billions of dollars every year that illegals here send back to family. It has to stop!
Trump should enforce a temporary moratorium on remittances to Mexico except through bank transfers or B2B wires. If they can't send money back, it's more likely that they'll self-deport. Most only come here to make money for their families back home. Stop that and the game ends.
It's stupid.
Wrong!
Why?
Arbitrary, pointless, probably bad for the US economy (which to be honest, I don't mind as much), and also very easy to evade.
Also in complete violation of what these people claim to believe in.
While addressing the issue at the source, it would also piss off Mexico and well as catch legitimate transactions in the net.
We have the data, maybe keep the tax but exempt senders who can prove citizenship or legal status?
Awesome. Make it 80% though. Currencyboutflows hurt the economy.
I remember this idea being floated in 2017 to fund the wall but obviously congress wouldn't lift a finger.