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Taxing remittances is the only acceptable way to fund the wall.

Posted on 1/27/17 at 11:11 pm
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 1/27/17 at 11:11 pm
Remittance is money earned from work in the US being sent back to Mexico.

Up vote for yes; downvote for no,
This post was edited on 1/27/17 at 11:31 pm
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
34988 posts
Posted on 1/27/17 at 11:13 pm to
I'd take it but I'd rather it be paid in the form of a big arse check like lottery winners get.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2849 posts
Posted on 1/27/17 at 11:18 pm to
Would be great to make Mexico pay for it in US Dollars. You know, because the Peso is dropping like a policeman in Ciudad Juarez.
Posted by chongo
Member since Oct 2014
199 posts
Posted on 1/27/17 at 11:25 pm to
You should be able to do whatever you want with your money after you pay taxes. The wall should be funded via tariffs if Mexico doesn't agree to pay their share.

Edit: I voted no, no to new taxes!
This post was edited on 1/27/17 at 11:30 pm
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45707 posts
Posted on 1/27/17 at 11:26 pm to
Exchange California for the wall, but make the wall wrap around California.
Posted by Mizzou Mule
St. Charles County, Missou-rah
Member since Sep 2014
3072 posts
Posted on 1/27/17 at 11:33 pm to
Will that include money moved by Carlos Slim? Other Mexican companies? So, ALL money leaving the US to Mexico? If so, I'm in.
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37579 posts
Posted on 1/27/17 at 11:39 pm to
quote:

Taxing remittances is the only acceptable way to fund the wall. by LSUTigersVCURams


Totally 1000% agree.

20% especially on Western Union stuff ... and I am not kidding.

frick Western Union and illegals.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259906 posts
Posted on 1/27/17 at 11:40 pm to
quote:

The wall should be funded via tariffs if Mexico doesn't agree to pay their share.


Which means the US consumer is paying for it
Posted by TupeloTiger
Tupelo,Ms.[via Bastrop,La.]
Member since Jul 2004
4340 posts
Posted on 1/27/17 at 11:47 pm to
Two young Mexican girls came in my store service desk today asking if we had Western Union to send $200 each to Mexico for them. We don't do that in our store. I told them WalMart did it. They replied that WM charged $4.50 to send money back to Mexico. I said to myself that Trump could easily charge .50 cents per transaction to help pay for a wall, at least in populated areas and Homeland Security agents in the rural area like Israel does. Also, sell ads to companies like Wal Mart, Texaco, Shell, etc. to help pay.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50304 posts
Posted on 1/28/17 at 12:01 am to
I abstain. I don't care how it's paid for.
Posted by chongo
Member since Oct 2014
199 posts
Posted on 1/28/17 at 3:50 pm to
That isn't how tariffs work. So, if a 20% tariff is implemented, all goods from Mexico become 20% more expensive (Cars, Wrangler Jeans, etc.). If you think for a second that the consumer will readily pay 20% more for these items, then you clearly have no idea what the economic concept of a substitute good is. I'll buy Thai made Levis, American made Cars... etc. The only area the consumer will feel any impact is in the Ag sector, but that only makes up 7% of our imports from Mexico. We can carve out a special exemption for Ag goods, similar to what we do for other trade deals if need be.

What will happen is all manufacturing will leave Mexico. Their economy will turn to rubble. The US consumer will not suffer at all. Wrangler and the car manufacturers will move their production locations to countries that have pro US trade deals. In order to compensate for the loss of production, Mexico will be forced to either A) subsidize the production in order to offset the tariffs and prevent a mass exodus of business (making Mexico indirectly pay for the wall), or B) pay for the wall (aka give in to the leverage the US has in the deal process).

We have the power to make other countries do what we want. Why shouldn't we exert this power? We're used to political hacks negotiating our deals instead of M&A guys.
Posted by Loserman
Member since Sep 2007
21856 posts
Posted on 1/28/17 at 4:00 pm to
quote:

Remittance is money earned from work in the US being sent back to Mexico. Up vote for yes; downvote for no,


Up voted but it isn't the only acceptable way.
Posted by boomertoomer
Member since Dec 2016
451 posts
Posted on 1/28/17 at 4:02 pm to
quote:

Exchange California for the wall, but make the wall wrap around California.

thats actually a pretty good idea
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