Yes, the United States is Mexico’s Welfare System, Here’s How

Mexico Received $50 Billion in Remittances from the United States — Why Don’t We Tax It?

It is true. Families in Mexico receive money each month from family members in the United States, to the tune of $4,16 Billion, that is billion with a “B” each month.

When in Mexico, expats dare not go to the banks at the end of the month or on the first or even the second of the month. The lines are around the corner with people taking money from the deposits sent by loved ones from America.

This information is provided and supported by the World Bank and Mexico’s Central Bank. You can read the entire article by going here: Remittances

If you are thinking Congress is trying to figure out a way to tax this money, you would be correct in your thinking. One of the problems is, this is money that has has already been taxed. However, if participants are paid under the table, then this becomes money that has never been taxed.

Yes, I know this may be a boring subject and you may even be wondering why you are reading this article?

You are reading this article because closing loopholes and taxing major amounts of money that has escaped taxation previously, could and will make your life easier, when it comes to taxes. This type of taxation will help to fund the trillion-dollar infostructure bill and other annual expenses.

You are reading this article because you are intelligent, and you care about your country.

Sandy Ingram is the publisher of the Budget Retirement Option Channel, join the channel for information on living well on less when retired.