The Comptroller’s office estimates the absence of the estimated 1.4 million undocumented immigrants in Texas in fiscal 2005 would have been a loss to our Gross State Product of $17.7 billion. Also, the Comptroller’s office estimates that state revenues collected from undocumented immigrants exceed what the state spent on services, with the difference being $424.7 million.That's a big chunk of change. Costs are higher for local governments, says the report, but it's hard to discount that large an impact on the state economy.
Friday, December 08, 2006
Comptroller: Undocumented immigrants pay more Texas taxes than they get in services
Via Migra Matters, the Texas Comptroller's office has just released a report estimating costs and revenues (pdf) to the state from undocumented immigrants. Bottom line: Immigrants pay more state taxes than they receive in state services:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment