Like it or Not, Mexico Will Pay for Trump’s Wall

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Mexico likely will pay for Trump’s wall. The mechanism has been bloody obvious ever since the idea was raised. Instapundit sums it up in one sentence:

DUDE, ALL IT TAKES IS A TAX ON REMITTANCES: Vicente Fox to Trump: When will you understand that I’m not paying for that f***ing wall? And you think there’s a political downside to taxing money sent from the U.S. to Mexico?

Mexicans working abroad sent $24.8 billion home in remittances in 2015. That’s more than their oil industry earned in the same year – an industry that once generated 80% of the Mexican economy. Let’s be honest: we all know that most of that comes from the United States. Slap a 10% tax on that and it’s more than $2 billion dollars a year. That’s plenty of money to pay for a wall – a big wall. And Mexico can’t do a thing about it, no matter what Vicente Fox says.

As Instapundit notes, it’s hardly going to be an unpopular tax. And when it’s done paying for the wall, American citizens (you know, the ones who can actually vote) will continue to find it popular. Why? The only reason anybody ever likes any tax: because it will tax someone else.

Interestingly, from a policy standpoint, the tax also helps with another issue. It discourages illegal immigrants. Remove the incentives and you reduce the behavior. Forget for a moment whether you agree with the policy or not. In terms of implementation, this kills two birds with one stone.

The new Congress has already found a legal mechanism to build the wall. The tax to pay for it is coming soon – mark my words.

Russell Newquist

My name is Russell Newquist. I am a software engineer, a martial artist, an author, an editor, a businessman and a blogger. I have a Bachelor of Arts degree in Philosophy and a Master of Science degree in Computer Science, but I'm technically a high school dropout. I also think that everything in this paragraph is pretty close to meaningless. I work for a really great small company in Huntsville, Alabama building really cool software. I'm the owner and head instructor of Madison Martial Arts Academy, which I opened in 2013 less to make money and more because I just really enjoy a good martial arts workout with friends. I'm the editor in chief of Silver Empire and also one of the published authors there. And, of course, there is this blog - and all of its predecessors. There's no particular reason you should trust anything I say any more than any other source. So read it, read other stuff, and think for your damn self - if our society hasn't yet over-educated you to the point that you've forgotten how.

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