A group of House Republicans just introduced the first major bill to fund President Trump’s border wall, and are offering a funding solution that involves collecting billions of dollars without raising taxes.
The government can fund the project, they claim, by imposing a 2 percent tax on all money sent home by immigrants to their native country.
Funds from those in the U.S. to relatives back home could top $130 billion a year. A 2 percent tax, it is estimated, could net more than $2 billion a year – more than enough to get the border wall erected.
“This bill is simple — anyone who sends their money to countries that benefit from our porous borders and illegal immigration should be responsible for providing some of the funds needed to complete the wall,” said Rep. Mike Rogers, a Republican from Alabama. “This bill keeps money in the American economy, and most importantly, it creates a funding stream to build the wall.”
Rep. Lou Barletta of Pennsylvania is also leading the effort.