Trump’s proposed ‘immigrant worker tax’ will drive money transfers underground, experts warn
telegraph.co.ukPublished: 6/5/2025
Summary
Donald Trump’s proposed tax on remittances from immigrants sending money home could severely harm poor economies globally by reducing remittance amounts and possibly driving transfers underground. The tax would apply broadly to non-citizens, including those with green cards or working visas, exacerbating economic struggles for low-income families relying on such transfers. Aimed at curbing illegal migration, the measure is expected to increase costs for businesses in G7 nations while potentially stifling legitimate remittance flows.