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

[TomSea]

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

Robert Rector / November 04, 2016 /

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.

The National Academy of Sciences report, “The Economic and Fiscal Consequences of Immigration,” provides fiscal balance projections for immigrants and their descendants over 75 years.

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