Comment on The Real Reason Housing Is So Expensive by Second Thought

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Keeponstalin@lemmy.world ⁨1⁩ ⁨month⁩ ago

The ‘Big Lie’ is that Immigrants are bringing crime & drugs across the border, that they negatively impact the economy, and that they take away jobs from & lower wages of US Citizens. These are fabrications not based on any evidence and what the Republican party has run for for years. This is a nativist sentiment.

There is plenty of evidence that disprove those sentiments.

Economic Impact

Myth : Immigrants are a drain on the U.S. Economy and Reducing Immigration would make our economy stronger. Fact : The United States needs immigrants to stay competitive and drive economic growth, Particularly as our economy starts to reopen, individuals who create jobs are absolutely critical to our recovery. Immigrants are innovators, job creators, and consumers with an enormous spending power that drives our economy, and creates employment opportunities for all Americans. Immigrants added $2 trillion to the U.S. GDP in 2016 and $458.7 billion to state, local, and federal taxes in 2018. In 2018, after immigrants spent billions of dollars on state and local, and federal taxes, they were left with $1.2 trillion in spending power, which they used to purchase goods and services, stimulating local business activity. Proposed cuts to our legal immigration system would have devastating effects on our economy, decreasing GDP by 2% over twenty years, shrinking growth by 12.5%, and cutting 4.6 million jobs. Rust Belt states would be hit particularly hard, as they rely on immigration to stabilize their populations and revive their economies.

Taxes and Essential Services

Myth : Immigrants are a burden to essential services like schools, hospitals, and highways. Fact: Immigrants make significant contributions to our economy on virtually every front - including on tax revenue, where they contribute $458.7 billion to state, local, and federal taxes in 2018. This includes undocumented immigrants, who contribute roughly $11.74 billion a year in state and local taxes, including more than $7 billion in sales and excise taxes, $3.6 billion in property taxes, and $1.1 billion in personal income taxes. These billions of tax dollars fund our schools, hospitals, emergency response services, highways, and other essential services. These revenues would increase by $2.18 billion annually if undocumented immigrants were given legal status as part of an immigration reform package. Additionally, immigrants make enormous contributions to Social Security. If current legal immigration levels were cut by 50%, the Social Security fund would lose $1.5 trillion in revenue over the next 75 years.

IRI

> There are 45 million immigrants living in the United States. Making up 14 percent of the national population, immigrants are a vital part of the social, economic, and cultural life of all American communities. > The economic role of immigrants has frequently been misunderstood. On the one hand, immigrants are a big and important part of the economy. And, on the other hand, immigrants are disproportionately concentrated in low-wage jobs. Both things are true at the same time.

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