Ideas whose time has come

[Diogenes]

https://twitter.com/x/status/1980526482037305508

View: https://x.com/Babygravy9/status/1980526482037305508

 

[Diogenes]

https://twitter.com/x/status/1981084301388046738

View: https://x.com/TheChiefNerd/status/1981084301388046738

 

[T. A. Gardner]

https://twitter.com/x/status/1980526482037305508

View: https://x.com/Babygravy9/status/1980526482037305508

Yes, slap a 20% flat tax on all remittances out of the US. While many legal citizens send such money to relatives 'back home,' I see it as a way to keep that money in the US rather than watch it flow to who the fuck knows where.

 

[Diogenes]

https://twitter.com/x/status/1981017553850990880

View: https://x.com/shipwreckshow/status/1981017553850990880

 

[Walt]

Taxing remittances heavily should be a policy of every true right-wing party in the West.

Remittances are legally the same as money sent back from investments, which means no one would invest in the USA anymore. It would mean a huge drop in our markets, and a huge increase in our borrowing costs.

 

[Diogenes]

Remittances are legally the same as money sent back from investments, which means no one would invest in the USA anymore. It would mean a huge drop in our markets, and a huge increase in our borrowing costs.

Is that so?

Remittances are defined as personal transfers abroad (e.g., to family), not commercial or investment-related flows.

Congress did enact a tax on remittances in 2025 as part of the "One Big Beautiful Bill Act" (OBBBA), signed into law on July 4, 2025.