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Thread: Rising Remittances As A Down Payment On The Wall?

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    Rising Remittances As A Down Payment On The Wall?


    Will the numbers really surprise you?
    Legal and illegal migrants sent $53.4 billion in remittances back to Mexico and Central America in 2018. That’s $53.4 billion – with a “B” – and more than double the projected cost of building a border barrier.
    With that, we could double-fence the entire border from the Pacific to the Gulf.
    And that’s BILLIONS not being spent in our American economy. What kind of difference would that make for the poor and homeless.
    Taxing foreign remittances is a bipartisan no-brainer that makes the political gridlock over wall funding unnecessary. Retaining pennies on the dollars leaving the U.S. economy can finance border security while letting foreign governments and their migrants know there are limits to America’s largesse.

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