Quote (gnarjay @ Nov 6 2024 03:11pm)
how? immigrants pay into social security that they cant use, they pay income tax, they pay the same payroll taxes as everyone else. not to mention the cheap labor supply evaporating once/if theyre gone
its almost a libertarian-esque fantasy for you guys. you're foaming at the mouth to implement something without a second thought for the repercussions.
Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. whats the argument for paying tens of billions to get them out of here when they are a boon for the economy??
From my perspective:
1) It will increase the labour market participation rate by opening up millions of jobs for unskilled residents & citizens - who pay taxes
2) It drastically increases the work opportunities for largely young unemployed Americans, who are currently tax consuming as distinct from tax generating
3) Illegals may pay some taxes, but they pay less taxes than a legal citizen or resident does. Therefore, if illegally occupied positions are repopulated with legal ones, tax revenue increases
4) Illegals themselves are a massive tax drain, largely because of Biden administration policy of free cellphones, free food, and free luxury accommodation
I'm not a libertarian at all, I support legal workers being paid fairly over the table as opposed to illegal workers being paid unfairly under the table (the libertarian position)
/e not to mention the obvious one, wages will be driven up instead of down, again increasing tax revenue
This post was edited by El1te on Nov 6 2024 05:46pm