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Report: Migrants’ Remittances Drain $150 Billion a Year from Economy

 
HO LEE FUKK

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05/22/2019 10:09 PM

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Report: Migrants’ Remittances Drain $150 Billion a Year from Economy
[link to www.breitbart.com (secure)]


Legal and illegal migrants send $150 billion in untaxed funds back to their homelands each year, denying the remittances to Americans and their communities, according to a Federation for American Immigration Reform (FAIR) report.

The United States’s “generous and lax immigration policies have led billions of dollars to flow out of our economy untaxed, which is a disservice to Americans,” said a statement FAIR President Dan Stein made about the remittances. “When our country urgently needs tax revenue to improve physical and societal infrastructure programs, it’s imperative to address this drain on our resources immediately.”