Trump to introduce 'gold card' visa for wealthy investors with $5 million price tag: 'Route to citizenship' The U.S. currently offers a similar opportunity through the EB-5 Immigrant Investor Program, which was established in 1990 and is administered by the U.S. Citizenship and Immigration Services (USCIS). According to USCIS's website, the visa is open to investors who "make the necessary investment in a commercial enterprise in the United States," as well as "plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers."
But Trump's recent suggestion would replace the EB-5 program, and instead, the Republican president plans to propose a "gold card" visa to the tune of $5 million.
"We are going to be selling a gold card," Trump explained to reporters. "We are going to be putting a price on that card of about $5 million."
"It's going to give you green card privileges, plus it's going to be a route to (American) citizenship, and wealthy people would be coming into our country by buying this card," the president continued.
This is brilliant. Let me count the ways.
1. ONE BILLIONAIRE spends $5 million to come here. That's 5 million a pop that goes into the Treasury.
2. Gee! I wonder how much money THESE scholars paid to violate our borders?
All they bring is more hands held out for a welfare check, human trafficking and fentanyl.
3. Liberals, try to follow the math here. (Yeah, we know. Math was never your strong suit.)
Ten billionaires take advantage of this card. That's FIFTY MILLION DOLLARS added to our Treasury, instead of fifty BILLION given out in WELFARE to those animals.
Ten billionaires here are suddenly paying American INCOME TAXES and creating American jobs. Their presence ADDS to the Treasury as well as to the economy.
Tell me again the down side.
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First of all, Rush died years ago; data from his site is no longer current. Second, the top 1% pays less than half of the total income tax. Third, a net worth of around $14 million puts you in the top 1% of households; that's a FAR CRY from "billionaire."
The national sales tax is the FAIREST tax of all.
DEAD WRONG AGAIN!!!
Our military protects our borders and our property. Our military budget is $888+ billion/year. The average American has very little property to protect, while the billionaire has not only personal real estate, but owns shares of many corporations, all of which have lots of property that needs protecting. Those who own the most property ought to pay the most for protection. And that top 1% owns nearly half the stock in the US market.
@Reason10 And when the tax depresses discretionary spending and has to be extended to daily necessities in order to make up the shortfall, both the millionaire and the unemployed man pay 15c on a $1.50 loaf of bread, which is clearly not right.
