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Report: Migrants’ Remittances Drain $150 Billion a Year from Economy
#1
Report: Migrants’ Remittances Drain $150 Billion a Year from Economy

Breitbart
May 23. 2019
Legal and illegal migrants send $150 billion in untaxed funds back to their homelands each year, denying the remittances to Americans and their communities, according to a Federation for American Immigration Reform (FAIR) report.

The United States’s “generous and lax immigration policies have led billions of dollars to flow out of our economy untaxed, which is a disservice to Americans,” said a statement FAIR President Dan Stein made about the remittances. “When our country urgently needs tax revenue to improve physical and societal infrastructure programs,

Snip
It is bad enough that American taxpayers are being asked to provide welfare for foreign nationals in the United States. .

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The funds come from the roughly 45 million foreign-born legal immigrants and illegal migrants who are living alongside 280 million Americans. The migrants come from various countries, including Mexico, China, and India.

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https://www.breitbart.com/politics/2019/...r-economy/
"We were in the jungle, there were too many of us, we had access to too much money, too much equipment, and little by little we went insane."

--Francis Ford Coppola
https://en.wikipedia.org/wiki/Hearts_of_...Apocalypse

phxsparks, Verity  likes this!
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#2
(05-23-2019, 01:24 AM)MaximalGravity Wrote: Report: Migrants’ Remittances Drain $150 Billion a Year from Economy

Breitbart
May 23. 2019
Legal and illegal migrants send $150 billion in untaxed funds back to their homelands each year, denying the remittances to Americans and their communities, according to a Federation for American Immigration Reform (FAIR) report.

The United States’s “generous and lax immigration policies have led billions of dollars to flow out of our economy untaxed, which is a disservice to Americans,” said a statement FAIR President Dan Stein made about the remittances. “When our country urgently needs tax revenue to improve physical and societal infrastructure programs,

Snip
It is bad enough that American taxpayers are being asked to provide welfare for foreign nationals in the United States. .

Snip
The funds come from the roughly 45 million foreign-born legal immigrants and illegal migrants who are living alongside 280 million Americans. The migrants come from various countries, including Mexico, China, and India.

More
https://www.breitbart.com/politics/2019/...r-economy/

How about if President Trump puts a 50% tariff on migrants remittances back to their home country?

This will make their lives miserable and many might leave. Because, there is no free lunch.

If they want to come here and assimilate and be productive, that is great! Especially if they are educated professionals.

Hiding3
"It’s Easier to Fool People Than to Convince Them That They Have Been Fooled."
- Mark Twain
MaximalGravity  likes this!
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#3
(05-23-2019, 01:40 AM)phxsparks Wrote:
(05-23-2019, 01:24 AM)MaximalGravity Wrote: Report: Migrants’ Remittances Drain $150 Billion a Year from Economy

Breitbart
May 23. 2019
Legal and illegal migrants send $150 billion in untaxed funds back to their homelands each year, denying the remittances to Americans and their communities, according to a Federation for American Immigration Reform (FAIR) report.

The United States’s “generous and lax immigration policies have led billions of dollars to flow out of our economy untaxed, which is a disservice to Americans,” said a statement FAIR President Dan Stein made about the remittances. “When our country urgently needs tax revenue to improve physical and societal infrastructure programs,

Snip
It is bad enough that American taxpayers are being asked to provide welfare for foreign nationals in the United States. .

Snip
The funds come from the roughly 45 million foreign-born legal immigrants and illegal migrants who are living alongside 280 million Americans. The migrants come from various countries, including Mexico, China, and India.

More
https://www.breitbart.com/politics/2019/...r-economy/

How about if President Trump puts a 50% tariff on migrants remittances back to their home country?

This will make their lives miserable and many might leave.  Because, there is no free lunch.

If they want to come here and assimilate and be productive, that is great!  Especially if they are educated professionals.

Hiding3

Western Union and one Mexican bank do most of it.
"We were in the jungle, there were too many of us, we had access to too much money, too much equipment, and little by little we went insane."

--Francis Ford Coppola
https://en.wikipedia.org/wiki/Hearts_of_...Apocalypse

phxsparks  likes this!
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#4
(05-23-2019, 01:53 AM)MaximalGravity Wrote:
(05-23-2019, 01:40 AM)phxsparks Wrote:
(05-23-2019, 01:24 AM)MaximalGravity Wrote: Report: Migrants’ Remittances Drain $150 Billion a Year from Economy

Breitbart
May 23. 2019
Legal and illegal migrants send $150 billion in untaxed funds back to their homelands each year, denying the remittances to Americans and their communities, according to a Federation for American Immigration Reform (FAIR) report.

The United States’s “generous and lax immigration policies have led billions of dollars to flow out of our economy untaxed, which is a disservice to Americans,” said a statement FAIR President Dan Stein made about the remittances. “When our country urgently needs tax revenue to improve physical and societal infrastructure programs,

Snip
It is bad enough that American taxpayers are being asked to provide welfare for foreign nationals in the United States. .

Snip
The funds come from the roughly 45 million foreign-born legal immigrants and illegal migrants who are living alongside 280 million Americans. The migrants come from various countries, including Mexico, China, and India.

More
https://www.breitbart.com/politics/2019/...r-economy/

How about if President Trump puts a 50% tariff on migrants remittances back to their home country?

This will make their lives miserable and many might leave.  Because, there is no free lunch.

If they want to come here and assimilate and be productive, that is great!  Especially if they are educated professionals.

Hiding3

Western Union and one Mexican bank do most of it.

It should be easy enough for the President to fuck that up for the remitters. Chuckle
"It’s Easier to Fool People Than to Convince Them That They Have Been Fooled."
- Mark Twain
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#5
(05-23-2019, 02:08 AM)phxsparks Wrote:
(05-23-2019, 01:53 AM)MaximalGravity Wrote:
(05-23-2019, 01:40 AM)phxsparks Wrote: How about if President Trump puts a 50% tariff on migrants remittances back to their home country?

This will make their lives miserable and many might leave.  Because, there is no free lunch.

If they want to come here and assimilate and be productive, that is great!  Especially if they are educated professionals.

Hiding3

Western Union and one Mexican bank do most of it.

It should be easy enough for the President to fuck that up for the remitters.   Chuckle

I already heard somewhere POTUS is considering a 10-20% tax on such remittance...
"I don't know everything, I know just enough to know that I know nothing - which is just a little more than those who think they know anything!"
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#6
(05-23-2019, 02:13 AM)Munchaab Wrote:
(05-23-2019, 02:08 AM)phxsparks Wrote:
(05-23-2019, 01:53 AM)MaximalGravity Wrote: Western Union and one Mexican bank do most of it.

It should be easy enough for the President to fuck that up for the remitters.   Chuckle

I already heard somewhere POTUS is considering a 10-20% tax on such remittance...

I hope so. I would go 50% or higher. We want the remitters out of here.

They are not assimilating or contributing to our White Anglo Saxon Protestant society.
"It’s Easier to Fool People Than to Convince Them That They Have Been Fooled."
- Mark Twain
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#7
Drug cartels have already paid off the politicians so that no tax on those monies will be allowed
"One shitty decision away from disaster"
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