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.
Sentiment: NEGATIVE
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.
You look at the Pew Hispanic Center study on the number of illegal aliens in America and the number of jobs they have, that's 7.4 million, illegal aliens in America. A quick way to create jobs in America is to remove those illegal aliens from our community. That frees up 7.4 million jobs that American can seek.
And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year.
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.
These Americans are among the working poor with full-time jobs earning $5.15 an hour. Millions fall into this boat, even more when you consider that the poverty line has not been adequately adjusted to reflect the true level of poverty in this country.
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.
If you are born into a family below the national median income, we provide you with an additional $500, and for every contribution made to a child's account below the national median income, we match it dollar for dollar - the federal government will.
Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal.
Illegal immigration costs taxpayers $45 billion a year in health care, education, and incarceration expenses.
The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of goods is because of Yankee imperialism. The fascists in Latin America learn to speak and act like natives.
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