Mexico says a Republican proposal to tax remittances — the money immigrants send back to their countries of origin — is unfair.
Republicans in Congress have proposed a 5% tax on remittances from non-citizen immigrants living in the U.S. That money makes up an important piece of Mexico’s economy.
Mexico receives more than $55 billion a year in remittances, economists say.
Mexican President Claudia Sheinbaum called the Republican proposal discriminatory.
“All the Mexicans that live in the United States pay taxes, whether they’re documented or not,” Sheinbaum told reporters at her daily morning press conference.
House Republicans included the remittance tax in President Donald Trump’s sweeping government spending bill, which is now before Congress.
