It’s Beginning: Economic Micro-Riots Erupt in Mexico…

[HAPPY2BME]

In 2015 we predicted if Donald Trump won the 2016 election, the Southern Border and Security Wall would not only happen as a construct of following through on a promise, but also factually happen as a function of avoiding the crisis of a neighboring economy in complete collapse.

While the actual valuation of the outflow of dollars into Mexico is unknown, there are indicators it could be greater than our current economic trade deficit with China, $500+ billion.

Only a few indicators have ever reached visibility.  One such indicator being the outbound U.S. Western Union wire transfers, remittances, which now exceed the entire Mexican Energy Sector (oil and gas) combined.

https://theconservativetreehouse.com/2017/01/06/its-beginning-economic-micro-riots-erupt-in-mexico/

[DumbAss Tanker]

It has always struck me that the easiest way to 'Make Mexico pay' is to tax the international transfer of money, i.e. the remittances.

[thundley4]

It has always struck me that the easiest way to 'Make Mexico pay' is to tax the international transfer of money, i.e. the remittances.

Put a tax on Western Union moneygrams sent to Mexico. 75% or so should do it. Also a tax on cash carried by any non-citizen crossing the border to Mexico.

[Crazy Horse]

It has always struck me that the easiest way to 'Make Mexico pay' is to tax the international transfer of money, i.e. the remittances.

Just deduct their foreign aid.

[DumbAss Tanker]

Just slapping a 10% tax on it would be great, the remittances have been running over $20 billion a year, so that would generate $2 billion a year for the US without killing the goose.  Even 5% would still produce a gift that keeps on giving.  Cutting it off entirely with a confiscatory tax would probably throw Mexico into chaos, it's something like a fifth of their GDP, and having the damn place' fail completely is really not in our own best interests.