Welcome Guest
Sign In | Register

they could use a bitcoin exchange to trade it for another

Posted on: January 26, 2017 at 09:57:38 CT
JoplinTiger07 MU
Posts:
22266
Member For:
12.74 yrs
Level:
User
M.O.B. Votes:
0
currency (e.g. mexican peso) but there are exchange fees involved in doing that which would be incurred twice, not to mention exchange rate fluctuations and risks of tax evasion or money laundering charges.

My guess is that if the remittance tax was low (5%) most would still go that route.
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

Did anyone on here go on record saying no wall will be built - SuperTone MU - 1/26 09:20:19
     Sho nuff - raskolnikov MU - 1/26 10:24:03
     I believe I did.(nm) - GA Tiger MU - 1/26 10:02:21
     not sure but I'm on record that Mexico won't pay for it - El-ahrairah KC - 1/26 09:41:16
          Oh....they'll pay one way or another...Mr. Trump will - Logan BAMA - 1/26 09:48:16
          The wall is estimated at 20 billion. We wasted 60 billions - TheWildcat STL - 1/26 09:42:03
               yea and? - El-ahrairah KC - 1/26 09:43:48
                    I agree. I voted for Trump and I like him a lot. I would - TheWildcat STL - 1/26 09:45:30
     Does anyone honestly believe Mexico will pay for it? - playhard NWMSU - 1/26 09:24:59
          Almost $25 billion is wired from the US to Mexico every year - DHighlander KC - 1/26 09:33:13
               that would be stealing - El-ahrairah KC - 1/26 09:41:53
                    Supertone says Mexico already taxes such transfers to the US - TigerJackSwartz MU - 1/26 09:46:42
                         lets be more like Mexico?(nm) - El-ahrairah KC - 1/26 09:48:47
                    No it is a tax on US currency that is leaving the country. - DHighlander KC - 1/26 09:45:24
                         You've just laid the groundwork for confiscation of domestic - ummmm MU - 1/26 09:58:31
                              Where did anyone advocate confiscating anything? You really - DHighlander KC - 1/26 10:14:04
                                   The framework you just set forth is a framework that would - ummmm MU - 1/26 10:16:41
                                        Taxes are not confiscation despite what you and the other - DHighlander KC - 1/26 10:20:40
                                             So, let me get this straight. - ummmm MU - 1/26 10:23:17
                                                  Who is dipping into anyone's bank accounts? - DHighlander KC - 1/26 10:27:18
                                                       I am saying you have laid the groundwork for it. - ummmm MU - 1/26 10:31:55
                                                            You have a serious defect today. How does a tax collected - DHighlander KC - 1/26 10:36:10
                                                                 The groundwork is where you make reference - ummmm MU - 1/26 10:39:50
                                                                      I never said it was not theirs. I said that the US has - DHighlander KC - 1/26 10:43:12
                         bitcoin and ect make remittence tax tough to enforce. nm - justwinbaby KC - 1/26 09:46:40
                              there are bitcoin exchange fees, so that would have a tax - JoplinTiger07 MU - 1/26 09:53:27
                              Not sure how useful bitcoin is in most Mexican towns.(nm) - DHighlander KC - 1/26 09:48:32
                                   For now. People adapt. - ummmm MU - 1/26 09:59:27
                                        People also make reasoned decisions, you obviously don't - DHighlander KC - 1/26 10:16:34
                                             Again, you have different margins than other people. - ummmm MU - 1/26 10:17:18
                                                  It is not about margins moron, it is about simple math. - DHighlander KC - 1/26 10:24:41
                                                       The margins are manifested by the simple math. - ummmm MU - 1/26 10:33:23
                                                            Then those people are idiots and, present company excluded, - DHighlander KC - 1/26 10:38:47
                                                                 You keep adding a made up fact - ummmm MU - 1/26 10:41:13
                                                                      Give an alternate method of sending that money that is - DHighlander KC - 1/26 10:44:57
                                   they could use a bitcoin exchange to trade it for another - JoplinTiger07 MU - 1/26 09:57:38
                                        numbers - justwinbaby KC - 1/26 10:21:42
                    No it's not. That happens all the time. - Coors4bob MU - 1/26 09:43:49
                         hopefully they find a way around it - El-ahrairah KC - 1/26 09:45:39
               LOL - meatiger MU - 1/26 09:38:51
                    Will it actually get there though? There is absolutely no - DHighlander KC - 1/26 09:47:20
                    I'd say put a 5% tax on it. Something small. They will - TheWildcat STL - 1/26 09:41:29
                         LOL(nm) - meatiger MU - 1/26 09:42:38
               Or people would not be dumb and send the money in some - ummmm MU - 1/26 09:34:34
                    What use mules to transport it for them? That would cost - DHighlander KC - 1/26 09:42:11
                         Maybe you feel that way, but then again, you operate - ummmm MU - 1/26 09:51:00
                              You keep missing the point. A 10% tax to SAFELY get the - DHighlander KC - 1/26 09:53:33
                                   No, you keep missing the point. You are making up - ummmm MU - 1/26 09:56:45
                                        What other methods? The same guys who rape, rob and abuse - DHighlander KC - 1/26 10:32:34
                                             money orders. nm - justwinbaby KC - 1/26 10:34:41
                                                  Oh yeah. There is no way for the government to tax them - DHighlander KC - 1/26 10:40:18
                                                       if money orders are taxed - DC Jayhawk KU - 1/26 10:43:14
                                                            There would be ways to collect taxes only on money orders - DHighlander KC - 1/26 10:51:55
                                                                 Bank is 'in mexico' - DC Jayhawk KU - 1/26 11:21:56
                    Don't they claim that higher taxes don't work - meatiger MU - 1/26 09:39:59
                         This is money that is leaving the US to never return. Why - DHighlander KC - 1/26 09:44:16
                              What if that money is being wired to Mexico - meatiger MU - 1/26 09:53:36
                    First of all, these people ARE dumb, very dumb in fact... - JoplinTiger07 MU - 1/26 09:39:09
                         So... - meatiger MU - 1/26 09:41:10
                         okay buddy (nm) - ummmm MU - 1/26 09:39:52
                              There's great resistance - DC Jayhawk KU - 1/26 09:41:27
          Nope. (nm) - DC Jayhawk KU - 1/26 09:32:35
          Yes. They won't write us a check for it, they are not going - hokie VT - 1/26 09:31:09
               That's not them paying for it-just a redistribution of US $ - Mo Texan MU - 1/26 09:37:08
               Well said. NM - JoplinTiger07 MU - 1/26 09:32:48
          Yes, they have no choice or leverage in the matter. NM - JoplinTiger07 MU - 1/26 09:28:38
          Remittances would cover it fairly quickly. Mexico does - SuperTone MU - 1/26 09:26:46
               What remittances?(nm) - Mo Texan MU - 1/26 09:29:41
                    RE: What remittances?(nm) - justwinbaby KC - 1/26 09:36:33
                    Really? $25+ billion wired from US to Mexico annually. NM - JoplinTiger07 MU - 1/26 09:35:16
                         And how do we accomplish that?(nm) - Mo Texan MU - 1/26 09:39:03
                              the same way Mexico taxes remittances flowing into the US. - JoplinTiger07 MU - 1/26 09:58:32
                    Mexico gets more money sent to it, than their oil industry. - RHAYWORTH MU - 1/26 09:34:41
                         Wire transfers can be taxed, but not money orders. They will - Mo Texan MU - 1/26 09:55:33
                              There are ways to tax that as well.(nm) - DHighlander KC - 1/26 10:53:04
                    The ones that will be rerouted through the bahamas - DC Jayhawk KU - 1/26 09:34:25
                         Yes, we're talking about real sophisticated people, LOL.... - JoplinTiger07 MU - 1/26 09:36:43
                              A Joplin elitist-lol - Mo Texan MU - 1/26 09:43:15
                              Your arrogance is noted. (nm) - DC Jayhawk KU - 1/26 09:37:41
          RE: Does anyone honestly believe Mexico will pay for it? - TheWildcat STL - 1/26 09:25:28
               Not gonna happen, the US tax payer is going to pay - playhard NWMSU - 1/26 09:28:31
                    Psychology Degree? - Coors4bob MU - 1/26 09:33:46
                    Every single thing that guys like you have said he - TheWildcat STL - 1/26 09:33:00
                    if you say so, though it's worth pointing out you've been - JoplinTiger07 MU - 1/26 09:29:06
                         It's unreal.(nm) - TheWildcat STL - 1/26 09:33:17
               Trump will impose an entry tax on everyone coming into the - Rabbit Test MU - 1/26 09:28:02
                    Mexico needs to US. The US doesn't need Mexico at all (nm) - TheWildcat STL - 1/26 09:33:39
     I said the math didn't add up for the concrete wall Trump - TigerJackSwartz MU - 1/26 09:24:58
     I am on record that the wall is a waste of money and it - ummmm MU - 1/26 09:24:48
          Worked in Germany, and other places, but not Texas. - Coors4bob MU - 1/26 09:35:17
               How did it work in Germany? (nm) - ummmm MU - 1/26 09:35:56
                    cause Reagan said so - meatiger MU - 1/26 09:37:18
                         It definitely wasn't working to keep people from sneaking - ummmm MU - 1/26 09:39:09
     RE: Did anyone on here go on record saying no wall will be built - 615Tiger STL - 1/26 09:23:31
          Anything that guy says you can pretty much rest assured - TheWildcat STL - 1/26 09:26:16
               webbster and mrbluesky probably said similar things. - SuperTone MU - 1/26 09:27:22
          I should have guessed.(nm) - SuperTone MU - 1/26 09:25:43
     He said a wall would be built - meatiger MU - 1/26 09:22:44
          Securing our southern border will save hundreds of billions - JoplinTiger07 MU - 1/26 09:34:07
          spending was approved back in 2006.(nm) - SuperTone MU - 1/26 09:25:21
          We have a 60 billion dollar trade deficit with Mexico - TheWildcat STL - 1/26 09:25:19
               That woudl be a wonderful idea - meatiger MU - 1/26 09:26:07
                    That is why we use the money to build a wall.(nm) - DHighlander KC - 1/26 09:34:24
                         A wall that covers abotu 10-15% of our border(nm) - meatiger MU - 1/26 09:35:54
                    They'll gather at the wall like a bunch of zombies - TigerJackSwartz MU - 1/26 09:28:55
                    If they would put an embargo on them, they will have - TheWildcat STL - 1/26 09:27:03
                         Why do they come here now? - meatiger MU - 1/26 09:29:56
                              I agree that any real immigration plan has to address demand - DHighlander KC - 1/26 09:38:16
                                   So..how is Trump's war on immigration - meatiger MU - 1/26 09:42:00




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard