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Sheinbaum Warns of Protests Over Proposed US Tax on Remittances
Mexico's President Claudia Sheinbaum has warned of potential protests against a proposed 3.5% tax on remittances sent by Mexican immigrants to their families back home. The tax, currently under consideration by the US Senate, has sparked outrage in Mexico. "We do not agree with imposing taxes on those who have the least," Sheinbaum stated during a press conference. The Mexican government views the proposed tax as a violation of a 1994 bilateral treaty against double taxation. The video illustrates the potential impact of this policy on Mexican immigrants, showing footage of protests and everyday life in the US. Remittances are a crucial part of the Mexican economy, and this tax could have serious consequences for millions of families.
21 days ago
US
Washington D.C.
news summary
remittances