Mexican President Threatens To ‘Mobilize’ Against Law That Could Help Cut Off Cash To Cartels

Mexican President Threatens To ‘Mobilize’ Against Law That Could Help Cut Off Cash To Cartels

Mexico’s president is threatening to “mobilize” the country against a Republican proposal to tax remittances, which advocates say would choke off cash flow to Mexican drug cartels.Mexican President Claudia Sheinbaum raged against the proposal in a speech against the law, which imposes a tax on money sent out of the United States by foreign nationals. “If necessary, we’ll mobilize,” Sheinbaum said. “We don’t want taxes on remittances from our fel…

GOP Lawmakers Want to Raise Remittance Tax After Mexico Makes Threats.

PULSE POINTS:What Happened: GOP lawmakers are advocating for a significant increase in a proposed tax on remittances sent by immigrants in the U.S. to their home countries, following critical remarks by Mexico’s president. Who’s Involved: Senator Eric Schmitt (R-MO), Reps. Chip Roy (R-TX) and Marjorie Taylor Greene (R-GA); Mexican President Claudia Sheinbaum. Where & When: U.S. Senate, ongoing deliberations on the “One Big Beautiful Bill.” Shein…

Let's Up That Tax on Remittances to Mexico

Last month, Republicans proposed a small 3.5% remittance tax on Mexico. It would help discourage some illegal immigration. The President of Mexico wasn’t having it. Mexico’s President Claudia Scheinbaum Pardo expressed her displeasure over the remittances being taxed. She said they are impacting her fellow countrymen, Mexicans with dual nationality who send money home because […] The post Let’s Up That Tax on Remittances to Mexico appeared first…

Mexican President Threatened To 'Mobilize' Weeks Before LA Riots

Just weeks before violent riots broke out in L.A., Mexican President Claudia Sheinbaum threatened to 'mobilize' against the United States.

Mexico’s President-Elect Threatens to Mobilize Over U.S. Remittance Taxes…