Do Immigrants Cost Native-Born Taxpayers Money?
July 26, 2017
Current immigrant flows are not estimated to cost taxpayers money over the long-run. But, state and local governments might see increased expenditures.
The U.S. federal government has been habitually spending more money than it receives in taxes, running federal budget deficits every year but 5 since 1969. The federal debt, which is the accumulation of these deficits over time, can pose risks to the U.S. economy. But, in times of economic distress, a rising debt might be needed to buffer the economy. Our posts cover whether debt should be cause for concern; welfare spending and the federal budget; state and local finance; and the impact of COVID on public finance, among others.
July 26, 2017
Current immigrant flows are not estimated to cost taxpayers money over the long-run. But, state and local governments might see increased expenditures.
July 25, 2017
Welfare programs are a small part of the federal budget. Disability Insurance might be a better target to reduce government spending and increase employment.
May 16, 2017
U.S. tax policies contributed to Puerto Rico's debt crisis. The island's status as a U.S. territory is likely to complicate and delay resolving the problem.