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Message
Study: Trump’s Merit Immigration Reform Saves $1 Trillion by 2027
Posted on 8/15/17 at 1:58 am
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 on 8/15/17 at 2:01 am to MButterfly
It's too bad trump is a neo-nazi, klansman, and Russian double agent. We could have had nice things.
Posted on 8/15/17 at 2:05 am to Vacherie Saint
Yeah. was fun while it lasted.
Posted on 8/15/17 at 2:05 am to MButterfly
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.
So while the avg american will be paying less in taxes, they will be paying more for goods.
Posted on 8/15/17 at 2:10 am to MButterfly
that study will get discredited by the MSM because it was pushed by the Heritage Foundation
Posted on 8/15/17 at 2:12 am to HailHailtoMichigan!
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 on 8/15/17 at 2:16 am to MButterfly
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.
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 on 8/15/17 at 2:20 am to MButterfly
quote:Yeah ok
a cautious report by the Heritage Foundation
Posted on 8/15/17 at 2:25 am to MButterfly
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 on 8/15/17 at 2:30 am to HailHailtoMichigan!
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 on 8/15/17 at 6:35 am to HailHailtoMichigan!
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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