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Mexicans in U.S. send cash home in record numbers

Posted by: TJNFL1 on Jan 03, 11:55

https://www.msn.com/en-us/news/us/mexicans-in-us-send-cash-home-in-record-numbers/ar-BBHNfG6?ocid=spartanntp

Mexicans sent home $26.1 billion from January to November 2017, according to figures released Tuesday by the central bank of Mexico. That's the most ever recorded.

Remittances are Mexico's top source of foreign income, outpacing oil exports, which totaled $18.5 billion between January and October, according to the most recent figures available at the Bank of Mexico.

Remittances in October hit $2.6 billion, the highest for any month last year, according to Mexico's central bank.

Most Americans spend their discretionary money in America, promoting American economic growth and American jobs. This does not help America, it only helps Mexico.

Just found the border wall money. Slap a tax on Mexican remittances. Democrats love new taxes.





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