NPR.
Imagine a toll booth on the U.S. border.
There are three checkpoints, one for people, one for goods, and one for money.
The line for people is long.
You've got visas and passports to check, fingerprints, questioning.
The line for goods is a little shorter.
You've got freight containers with the odd biosecurity spot check.
Now some added tariff hassles.
But the tollbooth for money runs very swiftly.
Money comes in and out of the country with barely a glance.
We've become, in a way, the world's biggest tax haven.
Law professor Reuven Aviona says since the Reagan administration,
the U.S. has encouraged global money to flow freely.
But...
Two sections tucked away in the big spending bill going through Congress could disrupt that.
A tax money immigrants send to their home countries and another measure that's been called a revenge tax.
It's a massive reversal of the position that we've taken for many, many decades.
This is The Indicator for Planet Money.
I'm Adrian Ma.
And I'm Darian Woods.