National Academies’ Study Shows $500 Billion Immigration Tax on Working Americans

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National Academies’ Study Shows $500 Billion Immigration Tax on Working Americans

http://www.breitbart.com/2016-presidential-race/2016/09/21/national-academies-study-shows-500-billion-immigration-tax-on-working-americans/

Neil Munro
21 Sep 2016
 
Immigration shifts roughly $500 billion in wages away from Americans and from established immigrants, directing that money toward new immigrants and to major employers, according to a dramatic report by the National Academies of Sciences, Engineering and Medicine.
On page 128, the report plays up the benefits of immigration by saying the inflow of skilled and unskilled immigrants has ”generated an immigration surplus of $54.2 billion, representing a 0.31 percent overall increase in income that accrues to the native population.”

But that flood of low-wage immigrants also cuts marketplace wages for Americans by 5.2 cents on the dollar, admits the report, titled “The Economic and Fiscal Consequences of Immigration.”

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