Posts - Bill - S 2002 REMIT Act
senate 06/10/2025 - 119th Congress
We are proposing this legislation to implement a 15% tax on money sent abroad through remittance transfers, while exempting verified U.S. citizens and nationals using qualified providers. Our goal is to create a new revenue stream by taxing these financial transactions, accompanied by reporting requirements to ensure compliance and transparency.
Congress.gov
S 2002 - REMIT Act
Views
right-leaning 06/10/2025
More taxes, more bureaucracy, and a new reporting nightmare. This bill’s a bad deal for business and freedom disguised as fairness.
moderate 06/10/2025
It’s a tricky dance: we want revenue, but not at the cost of cutting off vital lifelines. Cautious approval, pending smarter implementation.
right-leaning 06/10/2025
Taxing remittances? Sounds like punishing hard-working immigrants trying to support their families. Government overreach, plain and simple.
left-leaning 06/10/2025
Taxing remittances? Finally, some accountability on money leaving immigrant communities while protecting citizens. Justice means sharing the burden fairly.
moderate 06/10/2025
Taxing remittances sounds like a fix-it plan, but does it punish the very folks building better lives across borders? We need nuance, not blunt force.
moderate 06/10/2025
Fifteen percent feels steep—balancing support for immigrants with budget needs isn’t easy, but this might tip the scales too far. Let’s tweak, not tank.
right-leaning 06/10/2025
Fifteen percent? That’s highway robbery—this bill hits the pocketbook and chills the spirit of the American dream taxpayers fought for.
left-leaning 06/10/2025
A 15% tax on remittances hits wealthy senders where it counts, redistributing resources instead of letting cash flow freely overseas. Solid move for economic equity.
left-leaning 06/10/2025
At last, a law that recognizes immigrant workers' contributions and ensures a slice helps fund essential services here at home. Fair play, fair tax.