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Why Trump Is Weaponising Remittances
The New Indian Express Vijayawada
|June 01, 2025
Donald Trump's 'One Big Beautiful Bill' has a not-so-beautiful clause for Indians in the US, proposing a 3.5% tax on remittances sent abroad, which could add to the financial burden of millions of Indian diaspora members supporting families back home
Donald Trump has shaken many a boat with his quirky policy making in a short span of his second term as US president. He plays to the gallery and targets everyone he and his voters think comes in the way of the Make America Great Again (MAGA) dream.
His primary nemesis to his MAGA dream is the 'illegal' immigrants, who he famously said are 'poisoning the blood of our country'. No wonder, the redrafting of the 2017 legacy Tax and Jobs Cut Act (TJCA) - curiously named One Big Beautiful Bill - had a whole chapter on 'Removing Taxpayer Benefits for Illegal Immigrants'.
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