Trump’s Remittance Tax: A Penalty on the American Dream

By Sunita Sohrabji Jun 10, 2025 Critics of Trump’s proposed 3.5% tax on remittances say it essentially amounts to double taxation, crippling many of the poorest people in the world. Tucked into the 1,000+ pages of Congress’ “big, beautiful” spending bill is a 3.5% tax on remittances, the money immigrants and others send back to […]

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