Work with financial institutions to implement a significant remittance tax on funds sent from individuals in the United States to recipients in select foreign countries that have high rates of illegal immigration. By imposing such a tax, sending money back home becomes more expensive, which could discourage individuals from attempting to cross illegally into our country. This will ensure we have a multi-pronged approach to deterrence, and the revenue generated could be used to enhance other border security measures.
Related Topics
| Policy | Replies | Views | Activity | |
|---|---|---|---|---|
| Enact A Tax On Foreign Remittances | 1 | 7 | November 11, 2024 | |
| Heavy tax/tariff on all funds sent out of the country | 0 | 12 | December 16, 2024 | |
| Remittance tax | 1 | 10 | November 11, 2024 | |
| Taxing Money Transferred Out of the U.S | 0 | 7 | November 9, 2024 | |
| Stop wire transfers of money by people here illegally to any country outside the United States | 6 | 48 | January 29, 2025 |