As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes.
Sentiment: NEGATIVE
Let me respond with a few points, the first being that all immigrants pay taxes, income taxes, property taxes, sales taxes, gasoline taxes, cigarette taxes, every tax when they make a purchase.
The Center for Immigration Studies found that illegal immigrants cost the United States taxpayer about $10.4 billion a year. A large part of that expense stems from the babies born each year to illegal immigrants.
Illegal immigration costs taxpayers $45 billion a year in health care, education, and incarceration expenses.
One way to quantify the immigrant contribution to the overall economy is to measure their share of the U.S. economic output. One such examination for the years 2009-2011 found that immigrants contributed 14.7 percent of the total economic output.
When it comes to finances, immigrants are far savvier than native-born Americans. They keep their expenses low. They save their money.
According to the study, approximately 16.7 million U.S. workers born in Latin America had a combined gross income of $450 billion last year, of which 93 percent was spent locally.
The study titled 'Impact of Immigration on Wages, by Education Level, 1994-2007' found that increased immigration had an effect of lowering wages for earlier immigrants by an average of 4.6 percent. Running counter to popular perception is the finding that for native-born Americans, wages actually increased by 0.6 percent.
Nearly 11 million undocumented immigrants currently live within our borders. That's 11 million people living in the shadows whom we know next to nothing about.
The truth is, however rich people get, they hate paying tax. Some live abroad for a year, or years at a time just to avoid it. Bizarre really - desperate economic migrants are driven to leave their homeland because of poverty; tax exiles are driven overseas by their wealth.
I believe - we all pay taxes. I'm happy to pay it, but I hate to have it abused, money wasted, no accountability. That's going to bother you.
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