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House bill to tax money wires PDF Print
Written by Lauren Ohnesorge   
Tuesday, 12 June 2007 19:31
A bill that would tax money wire transfers made by illegal immigrants was heard in a House judiciary committee yesterday. 
The bill would target money being sent abroad by illegal immigrants who were unlawfully paid in cash. An excise tax would be imposed on money transferred by companies like Western Union and convenience stores that wire funds for a fee. Representatives from the N.C. Retail Merchants Association fear the bill would be difficult to enforce and might subject businesses to discrimination lawsuits.
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