Article

2008-03-11 Home Front Economy

Migrants still sending vast sums back to Latin America

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Posted by ed 2008-03-11 18:40|| || Front Page|| [5 views ] Top

#1 I think twas either FREEREPUBLIC or LUCIANNE - something about CALIFORNIA = FLORIDA? undergoing a HISPANIC EMIGRATION BACK TO MAHICO + LOWER PARTS???

Posted by JosephMendiola 2008-03-11 19:06|| 2008-03-11 19:06|| Front Page Top

#2 Yeah, the people back home want Euros now. How about a 'return' program back to the motherland Spain?

Posted by Procopius2k 2008-03-11 19:23|| 2008-03-11 19:23|| Front Page Top

#3 This means they are not spending the money in the U.S.--what gratitude.

Posted by JohnQC 2008-03-11 19:55|| 2008-03-11 19:55|| Front Page Top

#4 Require Taxpayer ID to do international transfers.

No ID = 35% federal fee.

ID on US Side only?

nothing off the first $1000/yr.
20% of next 5000, 25% of next 5000, 35% of any amount over that.

Taxpayer ID on both sides?

Nothing off the first $10K

Exceptions: wiring money to the US Consulate or Embassy for legal use (i.e. throwing bail).

Business use? Register the business as import/export or having proof of full operations in both countries, no taxes but will have to report all transfers above $1000 to treasury.

Posted by OldSpook 2008-03-11 22:49|| 2008-03-11 22:49|| Front Page Top

#5 And use the surcharge to fund customs, immigration and border security.

At say 20% of 66 billion, thats 13 BILLION to build the fence and do internal enforcement on illegals.

Posted by OldSpook 2008-03-11 22:51|| 2008-03-11 22:51|| Front Page Top

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