Uh, you are, I'd argue a large minority/small majority of Mexicans sending money back are not going anywhere, and therefore, will continue to send money back.Originally posted by sexualbanana
there's less money being sent back to Mexico to tax.
Unless I'm missing something...
You make it sound like that because the flow of people from Mexico to USA will decrease, somehow decreases the money from people already in the USA sending money back. I don't know what sort of logic that is, but if I am not understanding you correctly, by all means explain away.
He isn't going to deport 11 million illegal mexicans tomorrow. He specifically said that most resources will be dedicated to enforcing current laws and deporting criminals. Which I whole-heartedly agree with.
So combine a tax on banking services that send money to Mexico (say 10% tax on any money sent to Mexico from the USA by private individuals, on $25bil usd = $2.5bil already), plus an increase in the cost of US visas for Mexicans.
Amount of Mexicans that visisted America in 2015. Presumably they had to get visas. $20 per visa? $385mil per year.19,175,345
So, the wall would be paid for in 4-5 years based on those measures. I dunno, seems pretty well thought out to me. Even if you reduce the money tax to 5%, it works out to $8.175bil over 5 years.