Sheinbaum Condemns Proposed US Tax on Remittances as Unconstitutional

Mexico City's Head of Government Claudia Sheinbaum strongly condemned the proposed 5% tax on remittances in the United States, calling it unconstitutional and unacceptable. She highlighted that Mexicans working in the US already pay taxes, making the new tax a form of double taxation. Sheinbaum noted that the impact extends beyond Mexico, affecting numerous other Latin American nations. "The first country to receive remittances is India," she stated, emphasizing the international reach of the issue. The Mexican government is actively working with US legislators and representatives from other affected countries to block the proposed legislation. The Mexican Foreign Relations Secretariat and the Mexican ambassador to the US are leading these diplomatic efforts. Sheinbaum's remarks underscore the significant economic and political ramifications of this proposed tax for Mexico and the wider Latin American region.