Breitbart: Migrants in the United States sent about $103 billion in mostly untaxed remittances to six foreign countries last year — including about $19 billion to China.
A World Bank report, detailed by the Wall Street Journal, reveals the extent to which foreign nationals living in the U.S. drain mostly untaxed money from the nation’s economy to send to relatives overseas.
In 2019, migrants sent close to $40 billion to Mexico and nearly $20 billion to China. Only one state in the U.S., Oklahoma, taxes remittances. Last year, the state raked in more than $13 million from its one percent remittance tax.
Migrants in the U.S. also sent about $14 billion to India, another $14 billion to the Philippines, $10 billion to Guatemala, and $9 billion to Vietnam — almost all of which is untaxed. read more