US EditionPa. Latino caucus condemns remittance tax in 'Big Beautiful Bill'
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44 Articles
The U.S. Senate has reviewed its proposal for a remittance tax, reducing the rate from 3.5% to 1% in the latest draft bill called “One Big Beautiful Bill Act.”
Pa. Latino caucus condemns remittance tax in ‘Big Beautiful Bill’
Harrisburg, Pa. — A Pennsylvanian caucus has expressed worry for legislation included in the One Big Beautiful Bill Act that would add a tax to money immigrants send to support their families abroad. This legislation, which passed the U.S. Senate today and heads back to the U.S. House for consideration, would tax remittances sent overseas
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Although migrants in the United States could absorb the 1% tax on remittances that Donald Trump’s government enlists, Claudia Sheinbaum’s proposal to reimburse this over-cost to the countrymen might not be viable. According to Guillermina Rodríguez, director of economic studies at Banamex, this tax has a “something more political” tinge; however, the immigrant population’s fear of being arrested in the United States can diminish the sending of m…
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