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Last login: Saturday, August 21, 2010
Removing undocumented workers from the U.S. would total a loss of $1.8 trillion in annual spending and $651.5 billion in annual economic output, according to a study by the economic analysis firm The Perryman Group. It would cost about $28 billion per year to apprehend illegal immigrants, $6 billion a year to detain them, $500 million for extra beds, $2 million to judicially process them and $1.6 billion to bus or fly them home. $230 Billion is the estimated amount it would cost over the next five years to enact the scenario of the mass-deportation caucus and deport the undocumented population, according to a report by the Center for American Progress. Legalization of undocumented immigrants would significantly expand the economy—by a cumulative $1.5 trillion in gross domestic product over 10 years. A deportation approach, by contrast, would have the cumulative effect of draining $2.5 trillion over 10 years from the U.S. economy. Illegal immigrants are paying taxes to Uncle Sam too. Paycheck withholding collects much of the federal tax from illegal workers, just as it does for legal workers. But some illegal immigrants choose to file taxes and write a check come April 15, using a tax filing number offered by the IRS so it can collect income tax from foreign workers. The latest figures available indicate it will amount to billions of dollars in federal income, Social Security and Medicare taxes this year. One rough estimate puts the amount of Social Security taxes alone at around $9 billion per year. Most importantly the current immigration reform proposal from democrats will promote Social Security and Medicare funding without rising taxes to current citizens by imposing a waiting period of 8 years for the legalized immigrants to be able to naturalize as part of their penalty. Social Security and Medicare funding for current citizens can be achieved with the new proposal for immigration reform because in the meanwhile legalized immigrants won’t access benefits after we do the tax contributions the Legalized immigrants will pay to us during 8 years will create a surplus that will warranty an outgoing retirement benefits collection by current citizens without increasing our taxes today. Now think on $230 Billion to be spend for each state to enforce federal laws just look Arizona Maricopa country administration is unable of authorizing a budget for Sheriff Joe Arpaio’s tent city jail expansion to host immigrants. At the end any responsible leader can not dismiss the economic realities when it comes to dealing with immigration. The whole immigration lampoon is smoke and mirrors tactics from some members of the GOP, republicans are using the topic as a Trojan horse to take control of the senate and congress. Get your priorities straight when you vote next November, if we ended up with a republican majority in congress say goodbye to the tax cuts the president promised for 95% of Americans.
August 21, 2010 at 10:24 a.m.
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