How do immigrants benefit economy?
i have
the housing market
increase in wages and demand for goods
insourcing
new sources for taxation to pay for baby boomer's social security
any more?
i've heard inflation but can someone reiterate on that?
Hell Kitty
Favorite Answer
As any working individual they pay taxes and support local businesses.In case when their jobs are outsourced to their home-countries(and this is unavoidable in global economy), they will do the same job for less money, which will affect american wages even worse and none of their salary will contribute to the US.If we are talking about legal ones, they are usually are the smartest and most able among their peers(otherwise they won't make it to developed countries), so they will enrich nation with smart and gifted children, when their former country is left with less able people and their also not able kids.
Anonymous
They do work most citizens are unwilling to do at wages that keep costs down. They contribute far more in taxes than they receive in benefits.
Anonymous
A lot of immigrants start big corporations in the USA
It was a chinese venture capitalist who funded a big part of the railroads. on the flip side of chinese workers who built it.
Mr E
the state of california alone takes a net loss of about 50,000 dollars per illegal immigrant over their lifetime. whoever told you they benefit the economy is full of it.
Anonymous
it depends of their jobs, some works in farms