Trump’s beggar-the-poor remittance tax

Donald Trump

U.S. President Donald Trump seems intent on filling America’s coffers at the expense of other countries and the world’s most vulnerable people. In addition to foreign-aid cuts and steep tariff increases, the administration’s One Big Beautiful Bill Act has introduced a new 1% tax on remittances from the United States that are funded by physical instruments such as cash, checks and money orders. This “tax on the poor,” as Mexican President Claudia Sheinbaum refers to it, will impose severe

Tag-uri: Donald Trump

Trump’s beggar-the-poor remittance tax http://www.japantimes.co.jp - 06.10.2025 17:28

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Trump’s beggar-the-poor remittance tax http://www.japantimes.co.jp - 06.10.2025 17:28