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| Economy |
| Immigrants Sent $140 Billion From U.S. Back To Homelands in 2016 |
| 2018-02-01 |
The huge loss of domestic spending by of immigrants’ remittances is spotlighted in a new report by the Pew Research Center, which also noted that $6.5 billion was sent back to the United States by foreign-based U.S. workers. That is a 21-fold difference and is enough money to support 2.6 million additional $50,000 jobs in the United States. The remittance number is based on calculations by the World Bank. |
| Posted by:Besoeker |
| #4 These are only the 'legal', auditable paths. The web delivers much more offshore via online gaming and gambling, pay-for-prawn sites and religious donations for example. |
| Posted by: Skidmark 2018-02-01 10:35 |
| #3 You could probably go closer to / at 5% before they start looking for alternative methods. |
| Posted by: Raj 2018-02-01 08:39 |
| #2 About 2% ought to be enough to build the wall in three or four years. |
| Posted by: gorb 2018-02-01 02:20 |
| #1 How about a little tax on those transfers to help Uncle Sam with illegal immigration and the wall ? |
| Posted by: Besoeker 2018-02-01 01:37 |