The introduction of a proposed remittance tax by the US government, targeting money sent home by immigrants, has raised significant concerns about its potential economic repercussions. Critics argue that the 3.5% tax could adversely affect countries heavily reliant on remittances, such as Nigeria and India. It is feared that this move could deepen poverty and heighten unrest in regions like Central America and the Caribbean. Experts warn that the tax may drive money transfers underground, benefiting illegal cartels and exacerbating the situation for immigrant families, particularly those in New York. Additionally, there are warnings that the Dominican Republic could lose up to $1 billion if the tariffs are imposed. Overall, the tax is seen as not only a burden on immigrant households but also a threat to national security and global economic stability, potentially empowering financial underground networks.