One of the presidents campaign promises was that Mexico would pay for the wall, and that promise will eventually prove accurate in that President Trump has several options at his disposal to make Mexico “indirectly” pay for the wall.
The first idea being floated by POTUS is to tax “remittances” that immigrants from Mexico send home, which accounted to roughly 29 billion dollars in 2016, the downside is immigrants have an uncanny ability in getting around that type of tax; many illegal immigrants also work “off the books” and are reimbursed in cash.
Another option would be a $2,500 fee on high-tech workers holding H1-B visas, the purposed bill by Rep. Kevin Yoder of Kansas would be to charge a fee on H1-B high-tech immigrant workers looking to expedite the process in acquiring a green card. The estimated revenue raised would be around 4-billion dollars.
The debate as to who will eventually pay for the wall has been a point of contention on both sides of the immigration issue, however backing away from that pledge that “Mexico will pay for the wall” could be politically problematic for Trump, recently tweeting.
“The Wall will be paid for, directly or indirectly, or through longer term reimbursement, by Mexico, which has a ridiculous 71 billion dollar trade surplus with the U.S.,’ Trump tweeted last month. ‘The 20 billion dollar Wall is “peanuts” compared to what Mexico makes from the U.S. NAFTA is a bad joke!’
Moreover, the idea floated by Senator Ted Cruz (R. TX) last year on Fox & Friends suggesting that drug money confiscated from Mexican drug cartels should be used to pay for the wall is an excellent idea if possible.
At the time Cruz was referencing drug kingpin El Chapo who was in American custody. Cruz noted that federal prosecutors at the time were eyeing the recovery of about $14 billion in drug profits from Guzman, who is awaiting trial after being extradited from Mexico in January.
“Fourteen billion dollars will go a long way toward building a wall that will keep Americans safe and hinder the illegal flow of drugs, weapons, and individuals across our southern border,” the release from Cruz stated.
The president could also funnel funds seized through “THE CIVIL ASSET FORFEITURE PROGRAM” to perhaps funding the wall. In 2014 the Department of Justice took in almost 4-billion dollars worth of civil assets, and another 27-million dollars in cannabis enforcement program alone.
Do you believe the president has a lot of alternatives and options in getting the funds needed to build the wall? Tell us what you think in the comments below.