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Mexican Economist Proves MAGA Right

JAS-SH

Gunny Sergeant
Full Member
Minuteman
Jun 5, 2020
906
1,807
Were are getting screwed by Mexico big-time! I had no idea it was this bad. And now that deportations are coming Mexico is freaking out!

There is a new article out on The National Pulse website the details a lot of this. Link below:

Economist Accidentally Proves MAGA Right About Migrants In Mass Deportation Warning.

Mexico has no choice but to fight against deportations because deportations will put a severe strain on their economy. In essence Mexico can't afford it.

One example given in the article, which is probably the smallest problem for them - I quote:

"Economists are also cautioning that mass deportations could reduce the flow of remittances from Mexican immigrants residing in the U.S. The National Bank of Mexico reports that $63.3 billion in remittances were received from the U.S. in 2023 alone."

In order for that money to fly under the IRS radar, remittances would have to be smaller than $15,000 a year per person. Let's say $14,000. This means that to reach 63.3 Freaking Billion Dollars, 4,521,428 illegals would have to send at least one $14,000 check every year!
 
Were are getting screwed by Mexico big-time! I had no idea it was this bad. And now that deportations are coming Mexico is freaking out!

There is a new article out on The National Pulse website the details a lot of this. Link below:

Economist Accidentally Proves MAGA Right About Migrants In Mass Deportation Warning.

Mexico has no choice but to fight against deportations because deportations will put a severe strain on their economy. In essence Mexico can't afford it.

One example given in the article, which is probably the smallest problem for them - I quote:

"Economists are also cautioning that mass deportations could reduce the flow of remittances from Mexican immigrants residing in the U.S. The National Bank of Mexico reports that $63.3 billion in remittances were received from the U.S. in 2023 alone."

In order for that money to fly under the IRS radar, remittances would have to be smaller than $15,000 a year per person. Let's say $14,000. This means that to reach 63.3 Freaking Billion Dollars, 4,521,428 illegals would have to send at least one $14,000 check every year!
Where did this $14,000 yearly IRS limit come from? Never heard of it. Transfers > $10,000 are reported to IRS by banks, but there is no yearly limit I have heard of
 
Same bs applies to the legal workers. There are are a bunch of South Africans working in North Dakota on farms for roughly six months getting paid good money and when they go home they get there federal taxes returned
 
There are ways one person can send a 100,000 a year or more and it goes under the radar
I used to vacation a lot in Mexico and I accidentally found a bit of a loophole in a prepaid debit card
I could add up to 10,000 a month (stay below the max to be a little less obvious)
I got the preferred daily rate converting to mexican pesos with no foreign transaction fees

I used this to pay for a lot of stuff on my vacation, no fees, preferred exchange rates, could use it all over mexico

Then I got to thinking, why can't someone in the US do the same, but obtain an additional card and mail it to family in Mexico. Add funds in the US, the mexican relatives use the card in mexico, its a lot more money than anyone is reporting.

I understand you have to provide ID to get the debit card to start with, but after you get it, there is no ID shown to add cash. I don't see a fake ID as being a roadblock for this one, but maybe it is
 
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