Trump Will Seize Mexican Assets & Money Going To Mexico From Workers To Pay For Wall.

[TheMastersNemesis]

The Mexican government will end up paying for the wall because Trump and GOP will seize Mexican assets. And if you work here legally or illegally they will interdict money being sent to Mexico to workers families. These guys will do anything legal or illegal.

[treestar]

1. How?

Especially those who work under the table.

Those who work legally cannot be discriminated against in that fashion.

Freezing assets maybe but it could not be those of individuals. Would have to be the government's.

[Hortensis]

23. Let's hope! They could potentially steal a lot assets/money

before the courts put a stop to it.

ITM, many would quit their jobs and go home. As Lapfrog says, those who stay would turn to black market transfers, and there would be a big boost to under-the-table employment. And there would be the drops in all the payments into Social Security and other programs that they will never collect on anyway.

Inflation, in food prices especially quickly I imagine. Factories unable to fulfill orders. In areas heavily dependent on immigrant labor, rest homes might have to turn clients over to their families for lack of staff to attend to basic care.

What a pack of idiots. Too busy enjoying the prospect of kicking people in the teeth to wonder if it might have consequences.

[guillaumeb]

31. How dare you introduce reality and sense into the GOP plans!!??!!

More stagecraft for the GOP Tea Party people watching the show.

[Hortensis]

34. Lol. In what universe could any of us do that?

As you say. Polls not good. Give them some "happy" thoughts to distract them.

[Hamlette]

30. I heard he intended to make Western Union do it

and places like that. Of course, that is a stupid plan. You can't make Western Union the nation's cop as to who is documented and who is not.

There is a law right now that requires employers to check to make sure its employees are documented and they continue to complain about how onerous that is. And, as suggested down stream, they have found a million ways around it.

[Nevernose]

38. One could tax $ being sent out of the country

Much of that would be remittances.

Really not a bad idea in theory (the tax, not the wall), except it would be about the most regressive tax imaginable. I'd much rather see a tax on automated stock trading.

[lapfog_1]

2. and that will only create a new "black market" of money smuggling

and third party money transfers to avoid such fees.

[HAB911]

8. We will all have to become money launderers.......n/t

[Eugene]

3. And when Mexico seizes American assets in retaliation, what then?

Do we escalate?

[gordianot]

4. Why not just hold hostages Mexico pays or you never see them alive again?

Microchip everyone then you can track their movements. Confiscation will go a long way to establishing law and order and learning who is to be your landlord after your assets are seized.

[OregonBlue]

9. Huh? Where did that come from?

[COLGATE4]

13. Breitbart??

[JI7]

5. how are they gOing to do that ?

[Lee-Lee]

10. I have seen several right wing source propose taxing money transfers to Mexico

Both as a way to pay for the wall and as a way to make coming to the US less attractive to Mexicans looking to support families if they are going to lose 15% or 25% of what they have to send home.

Ahh, just looking and saw where he said he could use the threat of heavy taxes on remittances to Mexico to blackmail the Mexican government, giving them the choice of a one time payment to keep the money coming untaxed or a tax that goes year after year and affects the citizens there making them unhappy. I don't thing he gets how much more angry it would make the citizens of Mexico to be so insulted as a nation to have tp pay for Trumps wall.

[JCMach1]

39. I will gladly help my neighbors

To use Bitcoin or other alt coin methods to bypass this bs

[HoneyBadger]

40. Bitcoin has a certain taint to it

The exchanges get hacked, money is not guaranteed, it is lost. College kids order drugs with it. Ransomware hackers get paid in it. No one knows who conceived of Bitcoin. Prepper nut cases love it. I have yet to meet anyone who has bought it for legal reasons other than the attorney that paid through the nose to get $75k worth in a day. Oops, he was paying a ransom.💰

[Lee-Lee]

11. The unintended consequences of his plan to tax money transfers will be

Stronger and more legitimized cartels operating on both sides of the border.

When you tax or bar something there is demand for, someone will offer it anyway. When you do it in a way that is also insulting and an attack on the person, like taxing an immigrants money sent home to build a wall to keep them out, you add more incentive to evade it.

The Mexican cartels already have a huge and complex network for handling drugs and cash on both sides of the border. It would be a simple matter for them to start expanding that to do cash transfers, taking their cut just slightly less than Trumps cut.

This would push cash to them, expand their reach and network, and most dangerous legitimize them in the eyes of the immigrant community and inside Mexico because they will be providing a needed legitimate service.

[Grey Lemercier]

12. this!!!

[GusBob]

14. this is exactly what Hitler did to Austrian Jews circa 1930's

no shit

[mercuryblues]

15. Wouldn't this be illegal

under international laws?

As far as seizing Mexican assets, that will be interesting to watch. I am sure the drug cartels will be happy that Trump took their money and forget all about it. This will put a target on the backs of all Americans that go to Mexico.

[BainsBane]

16. Is this your guess, or did he say he would do it?

[Eugene]

17. He proposed a tax yesterday, repeating one of his proposals from April 2016.

Source: Los Angeles Times

Trump still says he'll make Mexico pay for his border wall, but can he really?

By Kate Linthicum and Kurtis Lee

JANUARY 11, 2017, 4:20 PM | REPORTING FROM MEXICO CITY

[font size=1]-snip-[/font]

In recent weeks, Trump has acknowledged that it is unlikely the U.S. would receive a direct payment from Mexico, whose economy has been plagued by slow growth and rising inflation.

“Mexico, in some form, and there are many different forms, will reimburse us, and they will reimburse us for the cost of the wall,” Trump said Wednesday. “That will happen, whether it's a tax or whether it's a payment.”

“Probably less likely that it's a payment,” he added.

How could the U.S. try to recoup the costs?

One way is taxing remittances, an idea Trump has floated in the past.

[font size=1]-snip-[/font]

Read more: http://www.latimes.com/world/mexico-americas/la-fg-trump-mexico-wall-20170111-htmlstory.html

Of course, he needs Congress to play along.

[BainsBane]

18. If they really wanted to end

Illegal immigration, they would focus on employers. But of course they don't want to end it.

[guillaumeb]

32. Focusing on employers would hurt GOP contributors.

And empty out the meat processing plants.

[erpowers]

19. My Guess

My guess is that he will not make Mexico pay for the wall. Maybe he can and will do what you said, but I think, if the wall gets built, American taxpayers will pay for the construction. Trump's transition team said he will ask Congress to pay for the wall through an appropriation bill. If he is asking Congress to pay for the wall now I do not think he will go back and ask Mexico to pay for the wall later. He will most likely just blame the person who follows him as President. He may decide to blame both Congress and the next President.

[Wounded Bear]

20. So he wants to start a war with Mexico to fund the wall?

Those are acts of war, plain and simple. No way to justify them.

[denbot]

21. There are many American Ex-Pat communities in Mexico.

If Twitler starts down this path, they are fucked.

[MoonRiver]

22. That makes no sense.

Are they going to open every envelope sent to Mexico? I think that would be an extreme violation of our Bill of Rights.

[TheMastersNemesis]

24. Remember Laws Do Not Matter To Trump Or GOP

[MoonRiver]

27. Well, technically, we still have a free press. And, there are some Dems in Congress.

Hoping these factors keep some constraint on the dictator wannabe.

[okieinpain]

25. mexico isn't going to pay for the wall

us taxpayers will build that wall and there will be a wall because we're paying for it. too damn funny.

[Truth321]

26. The constitution basically says

The feds can pretty much tax anything they want. Tax all wire transfers to Mexico. Not sure what could be done.

[VMA131Marine]

28. This should be the push that Bitcoin needs to go mainstream .....

[roamer65]

29. Mexico will then invalidate the Treaty of Guadalupe Hidalgo.

[Freethinker65]

33. There will be no wall built the entire length of the Mexican/American border

We, as a country, cannot even agree how to maintain the infrastructure we currently have. Portions of a wall in targeted areas may be constructed to provide photo-ops and a patriotic sense of accomplishment, but they will be as useful and meaningful as the stacks of empty(?) files at Trump's "press" conference.

[karadax]

35. FYI: S.79 - Remittance Status Verification Act of 2015

Remittance Status Verification Act of 2015

What's in it:

Amends the Electronic Fund Transfer Act to require a remittance transfer provider, before initiating a transfer, to request from the sender of a remittance whose recipient is located in a country other than the United States proof of the sender's status under U.S. immigration laws.

Cites admissible documentation attesting to the sender's status, including a state-issued driver's license or federal passport.

Directs a remittance transfer provider to impose, upon any sender unable to provide such proof of status, a fine equal to 7% of the U.S. dollar amount to be transferred.

Requires submission to the Consumer Financial Protection Bureau of all fines imposed and collected by a remittance transfer provider in order to pay the administrative and enforcement costs of implementing this Act.

Requires the Comptroller General to study the effects of the enactment of this Act.

This is how it'll be done. If you don't have proof of legal status you'll get hit with a 7% fine but you can still send the money. Those funds will "build" the wall.

This legislation was tabled to committee. It could be brought back up for vote at any time. It's there and ready to go should the Republicans want to act on it.

[HoneyBadger]

36. Right now the dollar is crushing the peso

I assume that money is flowing out of MX. So this is a bad time to tax money going the other way. The obvious way to tax it is witholding. You can transfer say $10k a year without penalty. But you withhold the penalty and get it back on your taxes. Don't file, dont have valid SS# to file, don't show a legitimate source for the money, gone. Could be called anti drug cartel legislation instead of what it is.

[TrekLuver]

37. He is going to shake down every Mariachi Band throughout the land! I have faith that

Trumpass will figure it out