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I don't ever send money to friends and family in another country. They all do. Which worker benefits this nation more?
by whathaschanged 9y ago
I don't ever send money to friends and family in another country. They all do. Which worker benefits this nation more?
- princekolt 9y agoForeign remittances are estimated at around $50B yearly[1]. Trump's proposed estate tax repeal (death-tax) would cost $200B, while his corporate tax reform would cost $3.7T (that's trillion with a T)[2]. It's important to remember that remittances are NOT tax money. Who's whacking the economy again? [1]: http://www.nytimes.com/2013/04/28/us/politics/immigrants-find-it-cheaper-to-send-money-home.html?pagewanted=all&_r=1& http://www.nytimes.com/2013/04/28/us/politics/immigrants-fin... [2]: https://www.nytimes.com/interactive/2017/04/26/us/politics/what-trumps-tax-proposal-will-cost.html https://www.nytimes.com/interactive/2017/04/26/us/politics/w...