‘Who is lobbying republicans?’ fumes Maga after US Senate slashes remittance tax to 1% from 5%
- Posted on June 30, 2025
- By Financial Express
- 1 Views

‘Who is lobbying republicans?’ fumes Maga after US Senate slashes remittance tax to 1% from 5%

Following criticism and concerns about the potential impact, the proposal was first lowered to 3.5%. Now, it has been reduced to 1%, with routine remittance transactions expected to be largely exempt under the new structure.