House Republican Bill Would Establish Five Percent Tax Illegal Alien Remittances

2,589 Views | 27 Replies | Last: 8 mo ago by Secolobo
ShinerAggie
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House Republican Big Beautiful Bill Would Establish Five Percent Tax on Remittances from Illegal Aliens

Quote:

House Republicans on Monday unveiled legislation that would establish a five percent tax on remittances from illegal aliens to those outside the United States.
Five percent is a joke. Given how illegals have likely paid NO taxes on those wages, I think remittances should be taxed at the top income tax rate. For 2024, I believe that number was 37%. It only seems right that they pay their fair share since they've spent their time here trying to skirt our laws.
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Aggie95
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better than zero....but 5% seems quite low
Please tell me there's a special place in Heaven for Aggie fans! It's like we are living some sort of penance on Earth.
Rapier108
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Ban it outright, or make it 90% and many of them will go home on their own.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
TxLawDawg
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I'm all for it, and as high a rate as possible. But how are they going to know whether the remitter is illegal or not? Seems like a great headline but something that would almost never get put into practice.

EDIT:
Granted, I didn't read the article before my initial response. The article says this: "The Ways and Means Section of President Donald Trump's "big, beautiful" bill, which mainly handles taxes, would establish a five percent tax on remittance transfers; however, it would exempt remittance transfers from verified U.S. citizens or U.S. nationals." So I guess it would be an across the board 5% tax on remittances, with an exemption for remittances from "verified" citizens. My question still remains though - how are they going to verify?
Logos Stick
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Rapier108 said:

Ban it outright, or make it 90% and many of them will go home on their own.

The Rs don't really want them to go home either. Their buddies back home use the illegal labor in their businesses.
ShinerAggie
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I like your train of thought. I was thinking that, at 37%, they might risk carrying the cash over the border themselves to avoid the tax. This might allow ICE to keep them out once they cross the border in a southbound direction.
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Martin Q. Blank
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5% gets your foot in the door so they can increase it later. Just like any tax.
ShinerAggie
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Seems pretty straightforward. You either show proof of citizenship, a valid green card, or you pay the tax.
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Secolobo
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https://latinometrics.substack.com/p/mexican-remittances

And they brag about it...
one safe place
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Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
AGC
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TxLawDawg said:

I'm all for it, and as high a rate as possible. But how are they going to know whether the remitter is illegal or not? Seems like a great headline but something that would almost never get put into practice.

EDIT:
Granted, I didn't read the article before my initial response. The article says this: "The Ways and Means Section of President Donald Trump's "big, beautiful" bill, which mainly handles taxes, would establish a five percent tax on remittance transfers; however, it would exempt remittance transfers from verified U.S. citizens or U.S. nationals." So I guess it would be an across the board 5% tax on remittances, with an exemption for remittances from "verified" citizens. My question still remains though - how are they going to verify?


Good question when Wells has been busted looking the other way with ID for such things.
ShinerAggie
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Never mind. They moved the goal post. One is % budget and the other is % GDP. Clever. Use the larger number to make the remittances look insignificant.
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Ol_Ag_02
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one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.


Put them on the OFAC list and stop their payments cold.
BMX Bandit
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one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
this was Trump's plan to "make mexico pay for the wall"

ban any remittance from illegal immigrants to Mexico unless mexico agreed to pay for the wall.

once elected, he never pushed this plan.
one safe place
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BMX Bandit said:

one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
this was Trump's plan to "make mexico pay for the wall"

ban any remittance from illegal immigrants to Mexico unless mexico agreed to pay for the wall.

once elected, he never pushed this plan.
Maybe one of you can answer this. Years ago, when I was working, I went to the post office nearly every weekday for 3 or 4 months of the year. Back then, on certain days of the month, there would often be 3 to 6 Hispanics buying money orders and paying for an envelope and postage to send the money orders to Mexico or some other country. As I recall, there was a limit (maybe $500 or $750?) on the amount of each money order and so they would have to get two or three to send all they wanted to send. Almost always purchased with $100 bills.

I have not seen that in the past several years and I wonder how they are sending money back home.
FTAG 2000
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one safe place said:

BMX Bandit said:

one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
this was Trump's plan to "make mexico pay for the wall"

ban any remittance from illegal immigrants to Mexico unless mexico agreed to pay for the wall.

once elected, he never pushed this plan.
Maybe one of you can answer this. Years ago, when I was working, I went to the post office nearly every weekday for 3 or 4 months of the year. Back then, on certain days of the month, there would often be 3 to 6 Hispanics buying money orders and paying for an envelope and postage to send the money orders to Mexico or some other country. As I recall, there was a limit (maybe $500 or $750?) on the amount of each money order and so they would have to get two or three to send all they wanted to send. Almost always purchased with $100 bills.

I have not seen that in the past several years and I wonder how they are sending money back home.



PayPal, Venmo, Zelle.
one safe place
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FTAG 2000 said:

one safe place said:

BMX Bandit said:

one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
this was Trump's plan to "make mexico pay for the wall"

ban any remittance from illegal immigrants to Mexico unless mexico agreed to pay for the wall.

once elected, he never pushed this plan.
Maybe one of you can answer this. Years ago, when I was working, I went to the post office nearly every weekday for 3 or 4 months of the year. Back then, on certain days of the month, there would often be 3 to 6 Hispanics buying money orders and paying for an envelope and postage to send the money orders to Mexico or some other country. As I recall, there was a limit (maybe $500 or $750?) on the amount of each money order and so they would have to get two or three to send all they wanted to send. Almost always purchased with $100 bills.

I have not seen that in the past several years and I wonder how they are sending money back home.



PayPal, Venmo, Zelle.
Not sure about Venmo or Zelle but PayPal was around back then.
BigRobSA
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one safe place said:

BMX Bandit said:

one safe place said:

Should be 100% if they are illegal. Prohibit bank transfers going to Mexico and no U.S. mail or other shipments. If they can't get it home, they will leave on their own.
this was Trump's plan to "make mexico pay for the wall"

ban any remittance from illegal immigrants to Mexico unless mexico agreed to pay for the wall.

once elected, he never pushed this plan.
Maybe one of you can answer this. Years ago, when I was working, I went to the post office nearly every weekday for 3 or 4 months of the year. Back then, on certain days of the month, there would often be 3 to 6 Hispanics buying money orders and paying for an envelope and postage to send the money orders to Mexico or some other country. As I recall, there was a limit (maybe $500 or $750?) on the amount of each money order and so they would have to get two or three to send all they wanted to send. Almost always purchased with $100 bills.

I have not seen that in the past several years and I wonder how they are sending money back home.
There's this brand new doohicky called "The Internet". It's a series of tubes that allow people to do things, electronically.
BMX Bandit
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Even if PayPal was around, the overall ease of access to payment apps and smart phones has exploded over the last decade.
lb3
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Rapier108 said:

Ban it outright, or make it 90% and many of them will go home on their own.
They would just switch to crypto or even work with the cartels to launder the money.
samurai_science
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lb3 said:

Rapier108 said:

Ban it outright, or make it 90% and many of them will go home on their own.
They would just switch to crypto or even work with the cartels to launder the money.
Some would, but not all
captkirk
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TxLawDawg said:

I'm all for it, and as high a rate as possible. But how are they going to know whether the remitter is illegal or not? Seems like a great headline but something that would almost never get put into practice.

EDIT:
Granted, I didn't read the article before my initial response. The article says this: "The Ways and Means Section of President Donald Trump's "big, beautiful" bill, which mainly handles taxes, would establish a five percent tax on remittance transfers; however, it would exempt remittance transfers from verified U.S. citizens or U.S. nationals." So I guess it would be an across the board 5% tax on remittances, with an exemption for remittances from "verified" citizens. My question still remains though - how are they going to verify?


The onus is on the sender to prove citizenship
richardag
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Time to buy stock in Bitcoin( or the cryptocurrency of choice by illegals)?
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
oldcrow91
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Don't worry about the rate being too low.
Government likes to start tax rates low and increase later.
ts5641
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This is so the GOP congress can say they're doing something without really doing anything. They should be passing a bill a week right now while they have both chambers but as usual we're pissing away what we've been given.
B-1 83
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TxLawDawg said:

I'm all for it, and as high a rate as possible. But how are they going to know whether the remitter is illegal or not? Seems like a great headline but something that would almost never get put into practice.

EDIT:
Granted, I didn't read the article before my initial response. The article says this: "The Ways and Means Section of President Donald Trump's "big, beautiful" bill, which mainly handles taxes, would establish a five percent tax on remittance transfers; however, it would exempt remittance transfers from verified U.S. citizens or U.S. nationals." So I guess it would be an across the board 5% tax on remittances, with an exemption for remittances from "verified" citizens. My question still remains though - how are they going to verify?
I guess the local Stop and Rob or Mexican Restaurant will have to ask for papers.
Being in TexAgs jail changes a man……..no, not really
torrid
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Secolobo said:





https://latinometrics.substack.com/p/mexican-remittances

And they brag about it...
"Kentuckians"
Secolobo
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