$11.85 Billion Wired Back to Mexico Q1 +Q2 2012 (illegal aliens, laws, unemployment)

[Marv101]

Sacramento would indeed just waste whatever stream of revenue they received regardless of how they got it, usually by giving it to the entities which have run the state into the groun d over the past 30+ years; civil service employees, environmentalists and trial lawyers.

The money that those folks wire to Mexico comes from their income from their jobs in the US; granted, some of them might be illegal immigrants, but who knows?

If the ability of US citizens to wire their own money to safer foreign banks which aren't constantly being harrassed and interfered with by the clueless bozos in DC is being constrained by those same bozos, why do these immgirants, illegal and legal, have essentially free reign to send $$$$ back home as long as they stay under the authiorized amount?

[Benicar]

Originally Posted by Frank_Knight

How would taxes help? Californian citites and the state governmemt have exceeded their programs in scope beyond the needed. They should be allowed to flop to give incentive to politicians to live within their means. Giving them more tax money won't help them.

Likewise the feds would only scuandor the money.

At least these funds, when allowed to go freely abroad, are helping to invest in this areas. I thought people here wanted illegals to fix their home countries? Why the opposition to this then?

Sure, they need to fix their countries. But, not from here, and certainly not at our expense. If illegals can afford to send billions back home, why the hell are so many collecting welfare and other tax-funded benefits? Oh, that's right, the women give birth and collect the bennies, while the men work under the table. So, of course they have extra cash to send back home.

[Frank_Knight]

Originally Posted by Marv101

Sacramento would indeed just waste whatever stream of revenue they received regardless of how they got it, usually by giving it to the entities which have run the state into the groun d over the past 30+ years; civil service employees, environmentalists and trial lawyers.

The money that those folks wire to Mexico comes from their income from their jobs in the US; granted, some of them might be illegal immigrants, but who knows?

If the ability of US citizens to wire their own money to safer foreign banks which aren't constantly being harrassed and interfered with by the clueless bozos in DC is being constrained by those same bozos, why do these immgirants, illegal and legal, have essentially free reign to send $$$$ back home as long as they stay under the authiorized amount?

Yes, it is a damn shame the feds restrict money transfers so much. I recommend getting a second citizenship in an attempt to establish foreign bank accounts. The taxation of world wide income is also a monstrosity. It's just all bleh.

[softblueyz]

Originally Posted by lifelongMOgal

It is time to tax the wiring of funds to countries outside of the US at a cost prohibitive rate. The tax should be done at the time of transfer.

It's "assumed" that the money being sent out of the US has already been taxed. The companies/banks wiring funds charge a fee. So the money going to the recipient country the goes into their economy wins, and the companies/banks that make money win, and the untaxed money earned by illlegals win.

[Natural510]

Originally Posted by lifelongMOgal

It is time to tax the wiring of funds to countries outside of the US at a cost prohibitive rate. The tax should be done at the time of transfer.

No doubt, bro. My wife, a US citizen, should be taxed when she sends money to family in Barbados, but it was her fault for not being born within US borders. After all, they're not one of us, right bro?

[malamute]

Originally Posted by Benicar

Sure, they need to fix their countries. But, not from here, and certainly not at our expense. If illegals can afford to send billions back home, why the hell are so many collecting welfare and other tax-funded benefits? Oh, that's right, the women give birth and collect the bennies, while the men work under the table. So, of course they have extra cash to send back home.

That's exactly how the illegals have so much extra money left after expenses to send out of the country. Jorge who is shacked up with a woman who already has 4 USA babies can easily afford to send money back to his kids and girlfriend in Mexico because the taxpayers are providing the free housing, the free health care, the free breakfasts and lunches at the free schools and headstarts, and providing food stamps and WIC. On top of that he works for cash under the table which is all untaxed income.

Another wonderful benefit for illegals is that they are never expected to pay child support. They can have kids all over the place -- but all the mother has to do when applying for welfare handouts and they ask who is the father of the child she's trying to use to collect welfare is shrug and say "algun mojado" and that's the end of it -- there will be no attempt to have the father pay anything for his kids born here.

[1AngryTaxPayer]

Originally Posted by Frank_Knight

How would taxes help? Californian citites and the state governmemt have exceeded their programs in scope beyond the needed. They should be allowed to flop to give incentive to politicians to live within their means. Giving them more tax money won't help them.

Likewise the feds would only scuandor the money.

At least these funds, when allowed to go freely abroad, are helping to invest in this areas. I thought people here wanted illegals to fix their home countries? Why the opposition to this then?

Because they are using US money never to be seen here again that's why. Can't Mexico run it's Country without the aid of the US?

[Frank_Knight]

Originally Posted by 1AngryTaxPayer

Because they are using US money never to be seen here again that's why. Can't Mexico run it's Country without the aid of the US?

US money?

Don't be absurd. They earned their money by being employed and working. Money isn't inherantly one nations or anothers. It is an individual's, and it is up to that individual to use it.

What's more, why the poor view of macroeconomics? Americans invest abroad all the time. This gives them returns higher than solely investing domestically, or they wouldn't invest otherwise. This transfer of capital likewise benefits people abroad by increasing their capital, and in turn productivity and wages they command. Both sides benefit from trade.

Why would we want to disrupt this? So Obama can pay someone to dig a new hole and fill it in?

[Benicar]

Originally Posted by Frank_Knight

US money?

Don't be absurd. They earned their money by being employed and working. Money isn't inherantly one nations or anothers. It is an individual's, and it is up to that individual to use it.

What's more, why the poor view of macroeconomics? Americans invest abroad all the time. This gives them returns higher than solely investing domestically, or they wouldn't invest otherwise. This transfer of capital likewise benefits people abroad by increasing their capital, and in turn productivity and wages they command. Both sides benefit from trade.

Why would we want to disrupt this? So Obama can pay someone to dig a new hole and fill it in?

Yes, ill-gotten gains through theft and fraud.

[Frank_Knight]

Are you advancing the theory all illegals are thieves?