Trump, Tax Bill and House
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President Donald ... U.S. citizens, permanent residents, and green-card holders are required to pay income tax on their U.S. earnings as well as any income they earn overseas, including in their ...
Trump and the House Republicans want to tax remittances to raise money to fund more tax breaks for wealthy Americans, and reduce the deficit. The proposal is part of Trump’s “One Big, Beautiful Bill.” It imposes a five percent tax on remittance transfers sent by individuals in the US who are not citizens, including green card and visa holders.
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bne IntelliNews on MSNTrump administration proposes 5% tax on migrant remittances amid Latin American outcryBy Alek Buttermann The US administration has introduced a legislative proposal to impose a 5% tax on remittances sent abroad by non-citizens living in the United States. Strongly backed by President Donald Trump,
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Trump's 'Gold Card' Would Offer Tax Benefit Unavailable to AmericansPresident Donald Trump's proposed Gold Card visa for the rich could offer a tax ... to avoid paying U.S. tax on their overseas income—an option not currently open to citizens or immigrants ...