Article

2018-02-01 Economy

Immigrants Sent $140 Billion From U.S. Back To Homelands in 2016

[Breitbart] Legal and illegal immigrants wired almost $140 billion from the United States back to their home countries and foreign relatives in 2016.

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 2018-02-01 01:21|| || Front Page|| [11131 views ] Top

#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|| 2018-02-01 01:37|| Front Page Top

#2 About 2% ought to be enough to build the wall in three or four years.

Posted by gorb 2018-02-01 02:20|| 2018-02-01 02:20|| Front Page Top

#3 You could probably go closer to / at 5% before they start looking for alternative methods.

Posted by Raj 2018-02-01 08:39|| 2018-02-01 08:39|| Front Page Top

#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|| 2018-02-01 10:35|| Front Page Top

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