On one of my political forums, immigration is a hot topic.
Many seem to want to ship all the illegals out of the country without a second thought.
Do these people not buy food?
Do we not collect tax revenue from their purchases, despite them not paying income tax?
At the very least, I urge these non-thinking morons to consider how the lost consumption and decreased tax revenue would affect their city and state.
Today, I saw a study synopsis which claims “Study predicts $1.5 trillion increase in GDP if undocumented immigrants are legalized.”.
All immigrant workers in this scenario have full labor rights, which results in higher wages â€” and higher worker productivityâ€”for all workers in industries where large numbers of immigrants are employed. As wage and productivity levels rise, the U.S. economyâ€™s demand for new immigrant workers actually declines over time as the market shrinks for easily exploited, low-wage, low-productivity workers. […]
The higher earning power of newly legalized workers translates into an increase in net personal income of $30 to $36 billion, which would generate $4.5 to $5.4 billion in additional net tax revenue. Moreover, an increase in personal income of this scale would generate consumer spending sufficient to support 750,000 to 900,000 jobsâ€¦
Consider that, morons.
Course, opponents are likely the same geniuses who think that a minimum wage hurts business.
Well here geniuses – let me give an off-the-cuff explanation.
If all your city has is greedy-bitch business owners paying peanuts (minimum wage is less now than it was 30 years ago, adjusted for inflation) to their employees – who’s going to buy your products?
The only people who can afford it would be the business owners.
A higher minimum wage helps us all, despite the stupidity of the naysayers who don’t understand logic.
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