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Study: Trump’s Merit Immigration Reform Saves $1 Trillion by 2027

Posted on 8/15/17 at 1:58 am
Posted by MButterfly
Quantico
Member since Oct 2015
6860 posts
Posted on 8/15/17 at 1:58 am
quote:

President Donald Trump’s merit immigration reform will save $1 trillion in various taxpayer-funded welfare and aid programs, says a cautious report by the Heritage Foundation. The $1 trillion cost-saving generates a $3,000 saving for each American, and it is gained by halving one decade’s inflow of unskilled immigrants who will be dependent on taxpayer aid during their working years and in their old age.



LINK
Posted by Vacherie Saint
Member since Aug 2015
39424 posts
Posted on 8/15/17 at 2:01 am to
It's too bad trump is a neo-nazi, klansman, and Russian double agent. We could have had nice things.
Posted by MButterfly
Quantico
Member since Oct 2015
6860 posts
Posted on 8/15/17 at 2:05 am to
Yeah. was fun while it lasted.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69289 posts
Posted on 8/15/17 at 2:05 am to
I don't buy this report. Unskilled immigrants flooding labor markets reduces labor costs, which shows up in prices of goods. (it decreases prices)

So while the avg american will be paying less in taxes, they will be paying more for goods.
Posted by hsfolk
Member since Sep 2009
18538 posts
Posted on 8/15/17 at 2:10 am to
that study will get discredited by the MSM because it was pushed by the Heritage Foundation
Posted by MButterfly
Quantico
Member since Oct 2015
6860 posts
Posted on 8/15/17 at 2:12 am to
quote:

So while the avg american will be paying less in taxes, they will be paying more for goods.


No. Went over this many times during the election cycle. What goods are going to go way up?

You have things that effect that.

1- Money saved, and tax burden lowered.

2- So you pay less in taxes

3- Wages go up.. Thus pay more in taxes. See how that worked?

Now what good are you referring to?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69289 posts
Posted on 8/15/17 at 2:16 am to
real wages may not go up. Nominal wages would, but that is meaningless.

There are plenty of examples of unskilled labor that lowers prices.

Hotels, agriculture, restaurants, grocery store, etc.

Wages in the long run are determined by production, and production is determined by investment. You want to see wages rise? Favor policy that encourages taking money off the sideline. Make it worthwhile to build machinery and sell it.


There are valid reasons to scale back immigration, but economics is not one of them.
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 8/15/17 at 2:20 am to
quote:

a cautious report by the Heritage Foundation
Yeah ok
Posted by texag7
College Station
Member since Apr 2014
37519 posts
Posted on 8/15/17 at 2:25 am to
quote:

What goods are going to go way up?



Cost of produce and service industry stuff. That's about it. Construction.

I'll gladly pay a few cents more for lettuce and oranges in return for fewer illegals.
This post was edited on 8/15/17 at 2:38 am
Posted by the808bass
The Lou
Member since Oct 2012
111513 posts
Posted on 8/15/17 at 2:30 am to
quote:

Unskilled immigrants flooding labor markets reduces labor costs, which shows up in prices of goods.


And unskilled immigrants bring their kids (or have kids here) that cost billions every year in AFDC and education costs.

Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 8/15/17 at 6:35 am to
quote:

I don't buy this report. Unskilled immigrants flooding labor markets reduces labor costs, which shows up in prices of goods. (it decreases prices) So while the avg american will be paying less in taxes, they will be paying more for goods.


I think Trump is forward thinking and knows that a lot of these unskilled jobs will be automated soon enough. Cost of goods sold will be largely unaffected as technology replaces unskilled labor. So, bring in skilled workers to build the robots, leave out unskilled who will soon enough be on welfare, win-win.

I'd also be curious what % of unskilled immigrants go on welfare within the first 5 years and the total cost vs the tax income the group generates.
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