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A Proposed New Tax, Mainly On Latinos, To Pay For Trump's Border Wall

Source: npr.org - May 25, 2017

One of President Trump's boldest, most ambitious proposals on the campaign trail was to build a wall along the Southern border and get Mexico to pay for it. Amid the tumult of Trump's first few months in office, the border wall hasn't gotten as much attention as some other things. But new legislation has been introduced in Congress to help fund it.

It's called the Border Wall Funding Act of 2017, introduced on March 30 by Rep. Mike Rogers, R-Ala.

And it would put a 2 percent tax on all person-to-person wire transfers to Mexico, the rest of Latin America and the Caribbean.

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Category: General Business