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[–] 17930819? 0 points 1 point (+1|-0) ago 

What about having them provide a green card to send money back to mexico

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[–] 17928434? 1 point 1 point (+2|-1) ago 

Good luck stopping Bitcoin.

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[–] 17942548? [S] ago 

Yeah, there's at least 6 Mexicans immigrants that have ever seen a computer, they'll be all over it.

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[–] 17929250? 0 points 1 point (+1|-0) ago 

Yeah, all the illegals use crypto, duhhhh.

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[–] 17930436? ago 

Don't be an idiot. People will use crypto if it's the only way to move value across the border.

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[–] 17929629? ago 

Maybe they use Cryptosporidiosis since they have some much of it!

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[–] 17930442? 0 points 2 points (+2|-0) ago 

the price of bitcoin is about to go thermonuclear

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[–] 17927466? 0 points 1 point (+1|-0) ago 

I’ll believe it when I see it

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[–] 17942614? [S] ago 

That's what the Democrats keep saying. So far....nothing. Although Mr. Barr did state yesterday that there definitely was spying by the DOJ and FBI and he is investigating it.

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[–] 17938488? 0 points 2 points (+2|-0) ago 

Let’s remember what remittance payments are: Funds being sent out of our country by aliens, often illegal aliens who send a portion of the wages from their unauthorized employment back to their home countries, usually to support family.

Laudable as this may be from the context of personal and familial responsibility, Americans need to realize, first, that once the money has left our economy, it is gone forever; and second, that we're not talking about chump change, we're talking about tens of billions of dollars each year. The amount may actually be even more massive than the official numbers, because U.S. data collection on remittances has not been completely reliable.

In a one-step-removed sense, taxing remittances would in fact be a levy against the Mexican state since it relies so heavily on that money as a part of its annual economy.

For instance, in 2015 Mexico received more income from remittances, overwhelmingly from the United States, than it did from its oil revenues. From my perspective, the heavy reliance on remittances has permitted Mexican politicians and business leaders to sidestep many of the institutional changes needed to better life for ordinary Mexicans so that they don't have to think about the trek north to achieve financial stability.

But a tax on remittances would go much farther than just Mexico, because the dollar flow outward is like a global sunburst, hitting virtually every nation that contributes to our yearly inflow of migrants: they arrive, begin employment legally or otherwise, and the funds begin pouring out.

Jobs are often referred to as a primary magnet for aliens seeking to enter the United States illegally. If this is so, then certainly the ready ability to send remittances by wire transfer without official tax or penalty multiplies the strength of that magnet many times over.

Logic would dictate that the United States do whatever is necessary to impede the outflow of remittance money. Keeping the money in our economy will help rebuild it a core premise of the Trump administration - and render jobs in the United States at least somewhat less attractive to "unauthorized workers"

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[–] 17929229? 0 points 3 points (+3|-0) ago 

30 billion dollars is not 30% of their GDP.

https://tradingeconomics.com/mexico/gdp

2018 GDP for Mexico was 1150 billion dollars.

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[–] 17942506? [S] ago 

Maybe this was confused....https://criminalsandliars.wordpress.com/2018/07/02/mexican-exports-to-the-united-states-comprise-30-of-its-entire-economy/

That would be a little less than 10%, but we could tax the shit out of the rest of their exports too. Either way, we have them by the balls if we want to use the leverage.

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[–] 17942748? ago 

Its ok, it's good news either way. Remittance payments should be heavily penalized, especially given the fact that Mexico is doing almost nothing to prevent the flow of Central Americans going through their country and nothing to aid in prevention of illegal migration to the USA. De-incentivization of one of the main reasons for these illegal immigrants coming here is a big step toward getting them gone. Reduces the influx pressure across the border and makes the job of our BP and ICE members easier. It's good policy. Mexico owes a lot to us. Living right next door to the biggest dog in the yard has its advantages and they'd be wise to not forget to count their blessings.

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[–] 17932758? 0 points 2 points (+2|-0) ago 

Or in other words slightly under 3%.

But a 3% hit to their GDP would be enormous.

The US could ban it, which would make much of it disappear and move the rest to illegitimate services, which could then sometimes be found and confiscated. Or it could be taxed; probably not more than a few percent, or that would also tend to drive it underground. It'd definitely help with paying for the wall though.

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[–] 17934894? ago 

3% GDP is a big hit, and probably a lot bigger of a hit for the central American countries which would be affected approx 15 billion total. More importantly it deincentivizes this behavior and makes it less profitable to exploit the USA as they have been for many decades.

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[–] 17928357? 0 points 3 points (+3|-0) ago 

Instead of wasting lives and treasure in the middle east why didnt we clean up Mexico? Wallstreet wanted cheap labor why go all the way to China and ship products all the way back not very green is it when we had Mexico to the south. Answer pass the Manechievitz

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[–] 17929890? 2 points -2 points (+0|-2) ago 

annex mexico. oh you dont want to do that!? no colonial expansion! then shut the fuck up.

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[–] 17953385? ago 

I was hoping to draw out a bleeding heart globalist who would tell me in their own words what kind of accounting is used to justify the transfer of production to China and the importation of millions of Latin Americans to the U.S. to escape poverty. Colonial expansion I think not I don't even want Taco Bell in this country so put your hair back in a bun and go feed your gerbils twinkle toes

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[–] 17930498? 0 points 1 point (+1|-0) ago 

Why? So we can have Puerto Rico 2.0?

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[–] 17942559? [S] ago 

Its all about the shekels.

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[–] 17929659? 0 points 1 point (+1|-0) ago  (edited ago)

Is that a cupboard fill with fine Mexico. Just don't sound as good.

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[–] 17928495? 1 point 1 point (+2|-1) ago 

The answer is Israel. Israel needed the US to fracture the middle east because it makes it easier for them to subvert.

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[–] 17928313? 0 points 3 points (+3|-0) ago 

Please do this. This is such a good idea and will make a HUUUUUUUGE difference in many spheres of this issue.

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[–] 17928305? 0 points 3 points (+3|-0) ago 

Amen! I was gonna run for president on this issue alone! Tax any wire transfer to Mexico with one free yearly, 1000.00 max. Anything else is taxed 40-60%

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