US EditionRepublicans want to raise taxes targeting 40 million immigrants
- In January, House Republicans proposed legislation that would impose a 5 percent charge on money sent abroad by over 40 million non-citizen workers residing in the United States.
- The tax aims to address immigration and border security issues, but experts warn it could harm economies in Latin American countries heavily reliant on funds sent from the U.S.
- Remittances account for about 26 percent of Nicaragua's and Honduras's GDPs, and the legislation exempts U.S. Citizens but affects green card holders and visa holders.
- Manuel Orozco warned that some individuals might resort to alternative, unapproved methods to transfer funds, while Mexican President Claudia Sheinbaum described the policy as unfair and imposed without justification.
- If enacted, the tax could reduce remittance flows, potentially damaging both recipient communities and U.S. Interests, and the bill's passage remains uncertain as debate continues.
24 Articles
24 Articles
Undocumented pay more taxes than the rich in the United States and receive no services
The Republican proposal that is discussed in the U.S. Congress to tax 5 percent of migrants' remittances without documents increases the tax burden that foreign workers already have in that country and that do not redict them in access to public services.
Republican Fiscal Reform Proposal Increases Remittances · Global Voices
In line with the White House's anti-immigration policies, the fiscal reform proposal that the Republican Party is preparing to pass in Congress contains a number of proposals that harm the tax situation of undocumented immigrants. One of them creates a 5% excise tax on remittances. Continue reading
Another blow to migrants in the U.S. and their countries of origin: Trumpism drives a tax on remittances
WASHINGTON.- In another blow to immigration, Republicans in the House of Representatives included in President Donald Trump's priority bill a 5% special tax on remittances transfers, a measure that would affect more than 40 million people in the United States. Trump also recently announced that he was finalizing a presidential memorandum to “end remittances” sent by people in the United States without authorization. And the bill submitted by Rep…
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