Results 1 to 5 of 5
Like Tree5Likes

Thread: Failure to Include a Remittance Surcharge in the Tax Bill Was a Lost Opportunity

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Super Moderator GeorgiaPeach's Avatar
    Join Date
    Aug 2006
    Posts
    21,833

    Failure to Include a Remittance Surcharge in the Tax Bill Was a Lost Opportunity

    Failure to Include a Remittance Surcharge in the Tax Bill Was a Lost Opportunity

    By Dan Cadman on February 26, 2018





    Mexican President Enrique Pena-Nieto has canceled a meeting with U.S. President Donald Trump after an apparently sharp telephone exchange in which Pena-Nieto demanded, and Trump refused, to avoid any public references to a southern border wall — or more specifically, to his oft-repeated campaign pledge that Mexico would pay for the wall — a pledge we haven't heard much about in recent days, even as Congress has dithered over whether or not to provide any funding at all to make the barricade a reality. This isn't the first such canceled meeting between the two leaders.


    The border wall issue is more significant and more politically charged than ever on the Mexican side of the frontier, as the July election over a successor to Pena-Nieto looms ever closer. The three main candidates from different parties may be sharply divided on some things, but the wall isn't one of them.
    In fact, the candidate now showing a lead in the polls, Andres Manuel Lopez-Obrador is, if anything, the harshest critic of U.S. border policies and particularly the wall — something that plays well, as one might imagine, to Mexico's electorate. Pena-Nieto's own party, PRI (Institutional Revolutionary Institutional Party), is behind and cannot afford to lose ground on this matter by ceding anything at all to Trump.


    But it is precisely because of the coming election that, from a U.S. perspective, little is lost by this exchange of snubs. Not meeting with Pena-Nieto will change nothing in terms of the outcome since, as I said, on this singular issue there is no space at all between any of the three Mexican parties or their candidates' positions.


    Of more interest, or concern, depending on your perspective, is why this was a sticking point with President Trump given that there is no tangible evidence that his administration has taken any steps to actually ensure that, in some way or form, the cost of the wall doesn't fall on U.S. taxpayers — assuming that he can ever get an intransigent Senate to pony up 60 votes to pass any immigration reform measure whatever.


    It seems to me that the best chance to have achieved his goal would have been to fold within the confines of the recently-passed tax bill a measure that would have established a surcharge or levy on outgoing money orders, since these are financial transactions that occur in the millions, and that collectively represent a huge amount of the remittances being sent home by Mexican and other illegal aliens working unlawfully in the United States. (By making the fee refundable for anyone who files a tax return, as is the case in Oklahoma, the cost would be borne mainly by illegal aliens.)


    According to CNN Money:

    Mexicans sent home $26.1 billion from January to November 2017, according to figures released Tuesday by the central bank of Mexico. That's the most ever recorded and better than the $24.1 billion sent in 2016 over the same period.


    The failure to wrap the remittance levy into the tax bill was a lost opportunity of epic proportions.


    Doing so would have achieved the president's goal in a way that the Mexican government could hardly have complained about, given the source of the transfers and the fact that this money is forever lost to the U.S. economy when it is sent to Mexico or elsewhere.


    So we are left with the question of who, exactly, will end up paying for that wall.


    https://cis.org/Cadman/Failure-Inclu...st-Opportunity
    Last edited by Newmexican; 02-27-2018 at 01:24 AM. Reason: Activated link.
    Matthew 19:26
    But Jesus beheld them, and said unto them, With men this is impossible; but with God all things are possible.
    ____________________

    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)


  2. #2
    Senior Member
    Join Date
    Jan 2012
    Posts
    4,815
    The money for the border wall could have been had w/o any sort of "bargaining", amnesties, compromises discussed.

  3. #3
    MW
    MW is offline
    Senior Member MW's Avatar
    Join Date
    Jun 2006
    Location
    North Carolina
    Posts
    25,717
    Quote Originally Posted by artist View Post
    The money for the border wall could have been had w/o any sort of "bargaining", amnesties, compromises discussed.
    Yep, and the Trump administration has had plenty of time to come up with something.

    "The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts athttps://eepurl.com/cktGTn

  4. #4
    Senior Member Judy's Avatar
    Join Date
    Aug 2005
    Posts
    55,883
    Quote Originally Posted by artist View Post
    The money for the border wall could have been had w/o any sort of "bargaining", amnesties, compromises discussed.
    How so, artist?!!

    A Nation Without Borders Is Not A Nation - Ronald Reagan
    Save America, Deport Congress! - Judy

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

  5. #5
    Senior Member Judy's Avatar
    Join Date
    Aug 2005
    Posts
    55,883
    The failure to wrap the remittance levy into the tax bill was a lost opportunity of epic proportions.
    You couldn't "wrap the remittance levy into the tax bill" under reconciliation procedures. It's not an income-based tax.

    The best way to pay for the wall is to deport illegal aliens and get them out of our work places and their offspring out of our schools and off our welfare rolls.
    A Nation Without Borders Is Not A Nation - Ronald Reagan
    Save America, Deport Congress! - Judy

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

Similar Threads

  1. Bill seeks surcharge for Utah smokers on Medicaid
    By JohnDoe2 in forum Other Topics News and Issues
    Replies: 1
    Last Post: 01-31-2012, 01:43 AM
  2. With failure to pass DREAM Act, a battle was lost but not th
    By stevetheroofer in forum General Discussion
    Replies: 5
    Last Post: 12-29-2010, 12:18 PM
  3. OK-It's a pig: Remittance bill another attempt at punishment
    By American-ized in forum illegal immigration News Stories & Reports
    Replies: 2
    Last Post: 07-28-2009, 03:04 PM
  4. CROMER: The GOP's lost opportunity
    By cvangel in forum illegal immigration News Stories & Reports
    Replies: 0
    Last Post: 12-16-2008, 01:26 PM
  5. Bailout Failure an Opportunity to Improve Package ACORN
    By GeorgiaPeach in forum Other Topics News and Issues
    Replies: 3
    Last Post: 09-30-2008, 12:58 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •