Hern, Vance introduce bill to tax cartel’s international money transfers
WASHINGTON, DC – Representative Kevin Hern (OK-01) reintroduced the Withholding Illegal Revenue Entering Drug Markets (WIRED) Act, to the House of Representatives. The Senate companion has been introduced by Senator J.D. Vance of Ohio. Based on a similar policy enacted by the state of Oklahoma, the WIRED Act imposes a 10% fee on remittances out of the United States,…