In the face of criticism from the liberal media alleging that the American people will ultimately wind up footing the bill for his proposed southern border wall, President Donald Trump has renewed his calls for Mexico to promptly hand over the money needed to fund it.
“With Mexico being one of the highest crime Nations in the world, we must have THE WALL,” he wrote Sunday in an unexpected tweet. “Mexico will pay for it through reimbursement/other.”
With the likelihood of America’s southern neighbor willingly handing over the required funds looking less plausible by the day, it looks more likely that the president may push Congress to enact a tax on remittancessent by legal and illegal Mexican immigrants in the United States to their family members back home.
Take a look at the president’s tweet below, which marked the first time he had spoken out in months about forcing Mexico to pay for the wall:
With Mexico being one of the highest crime Nations in the world, we must have THE WALL. Mexico will pay for it through reimbursement/other.
— Donald J. Trump (@realDonaldTrump) August 27, 2017
As The Associated Press noted in a report last year, Mexican immigrants in the United States sent a stunning $24.8 billion in funds to their families in Mexico in 2015 alone. Just a simple 10 percent tax on these remittances could raise $2.48 billion per year, or about $12 billion in five years.
What remains unclear is how much the president’s wall would cost. Though he reportedly claimed last year that the price tag would be in the $8 billion range, other estimates suggest it may cost anywhere between $15 billion and $25 billion, according to the U.K. Telegraph.
Nevertheless, combined with other potential funding mechanisms, a tax on remittances could very well provide the money needed to build the wall, though it would still take the federal government several years to recoup the funds needed.
In the meantime, the president has demanded that Congress appropriate funds for the initial construction phase of the wall, threatening a government shutdown if it fails to comply.
“If we have to close down our government, we’re building that wall,” he declared during a rally last week in Phoenix, Arizona.
Sadly, Republicans in the GOP-led Congress appear unwilling to fight on his behalf and have already begun arguing in favor of passing a stopgap budget bill to delay the border wall battle for a couple more months.
But as anyone who closely follows politics knows, kicking the can down the proverbial road invariably leads to more delays and more can-kicking.
H/T The Daily Caller
Please share this story on Facebook and Twitter and let us know what you think about the president’s renewed calls for Mexico to pay for his proposed border wall.