U.S. President Donald Trump’s latest budget proposal includes a controversial plan to tax money sent by workers abroad to their families overseas—a move critics say could hit migrant communities like a 💥. The policy, part of a broader crackdown on migration, targets remittances that millions rely on for basic needs, education, and healthcare.
Why It Matters
For families in countries like Mexico 🇲🇽, remittances are a lifeline. In 2022 alone, over $60 billion flowed from the U.S. to Latin America. Taxing these transfers could force workers to send less or seek riskier alternatives, experts warn.
The Human Impact
Imagine your paycheck shrinking because the government takes a cut every time you help your grandma pay her bills 🏠. That’s the reality facing many in rural areas where remittances fund small businesses and community projects.
What’s Next?
The proposal still needs Congressional approval, but the debate is heating up. Critics call it a 'double tax' on hard-earned wages, while supporters argue it could fund border security. Either way, the world is watching 👀.
Reference(s):
Trump wants to tax money sent from US, to people's relatives overseas
cgtn.com