Immigrants pay $ 80,000 more in taxes than they receive from the gov.
Source: Comments in the Miami Herald blog by commentor "Archie Bunker"
Myth: Undocumented immigrants are getting government services for free.
REALITY: They actually give more than they take. Over the past two decades, most studies that have tried to estimate the fiscal impact of immigration in the United States have concluded that the tax revenue generated by immigrants —both legal and undocumented— exceeds the cost of the services they use. Thus, an Economic Report of the President published in 2005 estimated that immigrants paid on average US $80,000 per capita more in taxes than the cost of the government services they were expected to use over their lifetime.
Stephen C. Goss, the chief actuary of the Social Security Administration, said that by 2007, the Social Security trust fund had received a net benefit of somewhere between US $120 billion and US $240 billion from undocumented immigrants. That represented 5.4% to 10.7% of the trust fund’s total assets of US$2.24 trillion that year. The Social Security Administration estimates that two-thirds of unauthorized immigrant workers (about 5.6 million people) were paying into the system in 2007. Unauthorized immigrants paid a net contribution of US$12 billion in 2007 alone.
Click to read more of this comment: http://www.miamiherald.com/2011/05/25/2233839/sc-house-approves-immigration.html#comment#ixzz1NNYck1tc
No comments:
Post a Comment