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Economy
Immigrants Sent $140 Billion From U.S. Back To Homelands in 2016
2018-02-01
[Breitbart] Legal and illegal immigrants wired almost $140 billion from the United States back to their home countries and foreign relatives in 2016.

The huge loss of domestic spending by of immigrants’ remittances is spotlighted in a new report by the Pew Research Center, which also noted that $6.5 billion was sent back to the United States by foreign-based U.S. workers. That is a 21-fold difference and is enough money to support 2.6 million additional $50,000 jobs in the United States.

The remittance number is based on calculations by the World Bank.

Posted by:Besoeker

#4  These are only the 'legal', auditable paths.
The web delivers much more offshore via online gaming and gambling, pay-for-prawn sites and religious donations for example.
Posted by: Skidmark   2018-02-01 10:35  

#3  You could probably go closer to / at 5% before they start looking for alternative methods.
Posted by: Raj   2018-02-01 08:39  

#2  About 2% ought to be enough to build the wall in three or four years.
Posted by: gorb   2018-02-01 02:20  

#1  How about a little tax on those transfers to help Uncle Sam with illegal immigration and the wall ?
Posted by: Besoeker   2018-02-01 01:37  

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