Sheinbaum Rejects US Remittance Tax: Senate Backs Mexico's Stand

Mexico's Senator Claudia Sheinbaum strongly criticized a proposed 5% tax on remittances sent from the United States. Sheinbaum, during a recent press conference, denounced the measure as "arbitrary and unjust." She highlighted that Mexican workers in the US already contribute significantly to the American tax system. The Senate echoed Sheinbaum's concerns, issuing a statement expressing their opposition to the bill. They argued that such a tax would harm the economies of both nations and undermine the spirit of economic freedom. The Senate's statement further emphasized the vital role remittances play in supporting Mexican families and contributing to the Mexican economy. This rejection underscores the potential for strained relations between the two countries if the proposed tax proceeds.