All remittances out of the country should be taxed at a flat rate of 10%. Why should we subsidize quantitative easing in other countries???
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5% tax on those remittances would make Mexico pay for the wall.
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@VernBuchanan@marcorubio@JohnCornyn@SpeakerRyan@SteveScalise Sorry Americans, no $$ for SS, roads & kids, we need 2,help drug lords 1st.Thanks. Twitter will use this to make your timeline better. UndoUndo
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A small
#Fed fee for#trillions in#remittances would pay for#America's#Infrastructure,#BuildTheWall@realDonaldTrump@GOP@HouseGOP@SenateGOP -
If we only had a Congress that worked for Americans & not the cartels...
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There should be a tax on all remittances to fund border protection and internal enforcement. Seems to be a much better method than simple appropriations from Congress.
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A 5% wire transfer tax would net nearly $70 Billion just from this segment alone. Quite enough to fully fund a border wall, coast to coast.
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Turn off all foreign aid.
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If that number is accurate, this is a very big deal. That's $138 billion dollars not available for consumption or saving in the United States. Devastating. That economists haven't jumped all over the implications of this is beyond belief.
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The US imposes a 30 percent withholding tax on interest dividends rents and royalties leaving the country (code sections 871 and 881). Why no withholding taxes on remittances?
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In one year?
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Notify President Trump start taxing that money
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Over 4 billion of it went to tiny Israel with interest & no strings attached, as usual. That was merely the direct aid.
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That’s a tax that I would vote on!
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It means people using their hard-earned money for whatever they want to in a free market. It's what conservatives USED to stand for.
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