Sunday, October 21, 2007

Immigrants pay your taxes

Are immigrants paying taxes so you don't have to? Apparently so.

Hat Tip to Tom Paine.

[Texas] Comptroller Carole Keeton Strayhorn was quick to point out that this was the first time any state agency in the country presented "a comprehensive financial analysis of the impact of undocumented immigrants on a state’s budget and economy, looking at gross state product, revenues generated, taxes paid and the cost of state services."

The report titled "Undocumented Immigrants In Texas: A Financial Analysis of the Impact to the State Budget and Economy" found that “the absence of the estimated 1.4 million undocumented immigrants in Texas in fiscal 2005 would have been a loss to our gross state product of $17.7 billion. Undocumented immigrants produced $1.58 billion in state revenues, which exceeded the $1.16 billion in state services they received."

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