A Taxing Solution to Immigration?
Fox News is reporting that North Carolina is considering a bill that would tax international money transfers at 5%, which is similar to a proposal which was rejected in Georgia a year ago.
I've long argued that curtailing the flow of cash southward would remove a large part of the incentive of coming to America (i.e., to earn money here and send it home to support family), and think that this is an excellent start. If we were to do something like this here in the Commonwealth, we'd tap into a captive revenue stream (since many of the people sending money southbound are ineligible to vote due to their immigration status), while providing a clear disincentive to illegal immigrants seeking to move here.
If only there were someone in our General Assembly who had the moral fortitude to put forth a bill like this here in the Commonwealth--someone who is willing to stand up for Virginia for a change.
I've long argued that curtailing the flow of cash southward would remove a large part of the incentive of coming to America (i.e., to earn money here and send it home to support family), and think that this is an excellent start. If we were to do something like this here in the Commonwealth, we'd tap into a captive revenue stream (since many of the people sending money southbound are ineligible to vote due to their immigration status), while providing a clear disincentive to illegal immigrants seeking to move here.
If only there were someone in our General Assembly who had the moral fortitude to put forth a bill like this here in the Commonwealth--someone who is willing to stand up for Virginia for a change.
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