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Amnesty Would Cost Taxpayers Trillions, National Academy of Sciences Report Indicates

Daily Signal ^ | November 04, 2016 | Robert Rector

Posted on by detective

The long-term costs to taxpayers of immigrants and their descendants are detailed in a new report from the National Academy of Sciences.

The findings in the report indicate that if amnesty for illegal immigrants were enacted, the government would have to raise taxes immediately by $1.29 trillion and put that sum into a high-yield bank account to cover future fiscal losses generated by the amnesty recipients and their children.

To cover the future cost, each U.S. household currently paying federal income tax would have to pay, on average, an immediate lump sum of over $15,000.



(Excerpt) Read more at dailysignal.com ...

TOPICS:

Business/Economy

Crime/Corruption

Foreign Affairs

Government

KEYWORDS:

aliens

amnesty

illegalaliens

taxpayers

The continuing inflow of illegal immigrants into the U.S. creates large fiscal burdens for taxpayers in the present and the future. Moreover, granting amnesty is likely to generate even greater flows of illegal immigrants into the United States, adding even more costs.



To: detective

Yet another reason why I'm glad that I'm a lot closer to the grave than to the cradle.



To: detective

A trillion here, a trillion there... pretty soon you’re talking about real money.



To: detective

For democrats and some Republicans, that is a small price to pay for the final destruction of the Republic.



To: detective

That can’t be true. We’ve been told for years illegals are a net positive for the economy.



by 5 posted onby VTenigma (The Democrat party is the party of the mathematically challenged)

To: detective

Surely not all taxes. I imagine capital gains, dividends, and carried interest will be untouched.



To: detective

No worries - just think of the $$Trillions (maybe $$Gazillions) in penalties and back taxes these hard working immigrants will pay!!!!



To: detective

Trillions, shmillions! Who cares about the money. It will sink this Republic for generations.



by 8 posted onby SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)

To: detective

Amnesty will cost Americans their country. California is already gone.



To: detective

Solution to the immigration, voter fraud, ISIS problem outlined http://www.freerepublic.com/focus/f-news/3490575/posts



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