Mexican Peso Deposit Tax Causing More Money Confiscated and Seized in United States By Daniel Smith
It is the age old dilemma that people, whether Mexican or U.S., don’t trust banks. And if a tax is imposed for depositing money, more mattresses get stuffed and more money is buried in the back yard. That is precisely what is happening in Mexico where the Mexican Government’s “Cash Deposit Tax” levies a 3%…
