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“It’s not about dividing the country. It’s about bringing together the middle class, the working families of this country, the low-income people who have been ignored for far too long.”
— Bernie Sanders
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How the proposed 3.5% US remittance tax could shrink savings for NRIs, visa holders – CNBC TV18
“Sending money home from the United States could get costlier for immigrants if a proposed 3.5% excise tax on remittances becomes law. The US House of Representatives has passed the “One Big Beautiful Bill,” which includes this tax aimed at non-US citizens. The measure is now awaiting Senate approval and could take effect from January 1, 2026. The tax, if enacted, will apply to every international money transfer made by non-citizens, including H-1B visa holders, green card holders, and students on F-1 visas.”
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Trump administration plans to end the IRS Direct File program for free tax filing, AP sources say
“The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the decision.”
