Trump’s remittance tax won’t make any money

It will be a bonanza for the cartels though.

In 2023, a Mexican non-profit noted that remittances from Minnesota had grown exponentially virtually overnight. Gradual growth made sense in states with large Mexican communities, like California or Texas. Minnesota was not one of these. They knew back then that something was definitely off.

Fast forward to 2025, and one piece of US legislation could m…