Eric Schmitt actually said...
The House’s Big Beautiful Bill addressed the urgent need for a remittance tax. But we can go further. I’m introducing legislation to quadruple the proposed remittance tax — from 3.5% to 15%. America is not the world’s piggy bank. And we don’t take kindly to threats.
Context
Sen. Schmitt discusses the need for a higher remittance tax in response to the GOP spending bill.
07/02/2025