Retirement Savings in the Dark
For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
A follow-up to our coverage (1,2) of Arizona's attempt to finance its border wall with a tax on money wired abroad: In These Timesreports that the state is now simply seizing the money, on the suspicion that everyone who wires money to another country is a drug trafficker.
Technorati Tags: immigration, remittance tax, border fence