oter

Immigrants contribute to government revenues through taxes from "summary" of Issues in the Economics of Immigration by George J. Borjas

One of the key arguments in the ongoing debate about the economic impact of immigration is the notion that immigrants contribute to government revenues through taxes. Advocates of immigration often highlight this argument as a way to demonstrate the positive fiscal effects of immigration on the host country. When immigrants come to a new country, they join the labor force and start earning income. As they earn income, they become subject to the same tax laws that apply to all other workers in the country. This means that they pay income taxes, Social Security taxes, Medicare taxes, and other forms of taxation that help fund government programs and services. In addition to paying income taxes, immigrants ...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Take responsibility for your financial situation and actively seek out opportunities to improve it
    Take responsibility for your financial situation and actively seek out opportunities to improve it
    In the world of money, there are those who take responsibility for their financial situation and actively seek out opportunitie...
    Public goods are nonexcludable and non-rival in consumption
    Public goods are nonexcludable and non-rival in consumption
    Public goods are distinct from private goods in that they possess two key characteristics: nonexcludability and non-rivalry in ...
    Importance of cultural competency in international business
    Importance of cultural competency in international business
    Cultural competency plays a crucial role in international business, as it allows companies to effectively navigate the complexi...
    Environmental concerns must be addressed in economic policymaking
    Environmental concerns must be addressed in economic policymaking
    Environmental concerns must be addressed in economic policymaking. This is a critical point that many policymakers seem to over...
    Social Security reform is necessary
    Social Security reform is necessary
    One of the key issues facing our society today is the need for reform of the Social Security system. The current system is unsu...
    Be open to learning about new financial strategies
    Be open to learning about new financial strategies
    Exploring different financial strategies can lead to a better understanding of how money works and how it can work for you. It'...
    Education disparities
    Education disparities
    Education disparities are a complex and multifaceted issue that cannot be easily reduced to simple explanations. These disparit...
    Growing income inequality
    Growing income inequality
    The growing income inequality is not just a statistical curiosity or a mere reflection of market forces; it is a societal pheno...
    Disinformation will threaten democracy
    Disinformation will threaten democracy
    The spread of disinformation poses a significant threat to the fabric of our democracy. In an era where information is readily ...
    Continuously learning about money is valuable
    Continuously learning about money is valuable
    Understanding the value of continuously learning about money is crucial for achieving financial success. Money is an integral p...
    oter

    Issues in the Economics of Immigration

    George J. Borjas

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.