Mexican President Claudia Sheinbaum has urged US lawmakers to reject a proposed tax on remittances sent from the United States to Mexico. She cited a 1992 US-Mexico treaty that prohibits double taxation, calling the proposal discriminatory and harmful.
Sheinbaum noted that Mexican migrants, regardless of legal status, contribute greatly to the US economy and already pay taxes. Only around 20 percent of their revenue is paid in remittances, Xinhua reported.
Experts warn that such a tax could drive migrants to use informal channels, fueling black market activity. Mexican lawmakers and advocacy groups are actively campaigning against the measure.