‘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.
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Financial Express

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