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re: What was the rationale as to why Mexico should pay for the wall?
Posted on 11/8/23 at 9:06 pm to The Boat
Posted on 11/8/23 at 9:06 pm to The Boat
quote:
You pay for it by taxing remittances. That’s how Mexico pays for it.
Yep go to any western union on payday in south LA and they are lined up wiring money back home. Pretty easy to see how a 5-10% tax would add up to huge money quick
This post was edited on 11/8/23 at 9:07 pm
1
Posted on 11/8/23 at 9:12 pm to bayoudude
quote:
Pretty easy to see how a 5-10% tax would add up to huge money quick
I did some back of the napkin calcs in 2015 when this was debated and IIRC on a 10 year plan a 4% remittance tax would bring in about $7.5 billion in 2015 dollars.
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