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Utopia Talk / Politics / Remittance taxes
Habebe
Member | Mon Jan 20 00:24:49 So this idea was brought up a lot when Trump was asked how Mexicams would pay for the wall. Basically it's a tax on sending money from the US to another nation. I like the idea of say 7% tax on this. I've also always been in favor a small tax on foriegn charities and use that money to fund anti poverty and emergency assistance in the US. My concern would be how frequently/ easily it would be to get around it at what expense. |
Rugian
Member | Mon Jan 20 10:01:31 Such a steep tax would just drive money transfers underground, no? |
Habebe
Member | Mon Jan 20 15:09:44 idk, perhaps less than. Thats no more than a sales tax which are usually 6-8%. |
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