The Caithness Business Index has posted the following article:

The US is taxing the world's poorest - and is disguising it as regulation - Affects people sending remittances

[IMG][/IMG] Richard Murphy exposes a move to make life harder for immigrants and their families financially by hitting remittances. The Financial Times reported this week that the US Treasury has proposed new rules that could make sending money home much harder and more expensive for millions of migrants, which is a move likely to hit some of the world's poorest communities hardest. [Read Full Article]