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April 17, 2008

It's Tax Time! Immigrants and Taxes: Contributions to State and Federal Coffers

Policy Spotlight

Tax Day would seem to be an appropriate time to inject some bottom-line reality into the long-running debate over whether or not immigrants in the United States "pay their own way" as taxpayers. As with nearly all aspects of the immigration debate, the controversy over how immigrants impact the public treasury is far too often dominated by emotionally charged rhetoric rather than hard facts. Many of these much-needed facts are provided in a forthcoming report from the Immigration Policy Center (IPC), prepared by Stephen Moore, Senior Economics Writer at the Wall Street Journal and former director of Fiscal Policy Studies at the Cato Institute, and Richard Vedder, Distinguished Professor of Economics at Ohio University.

Using data from the U.S. Census Bureau's 2005 Current Population Survey and other sources, Moore and Vedder conclude that immigrants not only pay their own way in taxes, but play a hefty role in shoring up the teetering Social Security system, and provide a fiscal windfall to U.S. taxpayers by tending to come to the United States during their prime working years--after the costs of their education and upbringing have been borne by their home countries.

A sneak peak at more findings of the report can be found on the IPC website; http://www.immigrationpolicy.org/index.php?content=fc080412

Posted by VisaLawyer at April 17, 2008 08:04 AM

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