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Can New Jersey Make Money on Immigration Reform?

800px-US-Mexico_border_fence_opt_1BY MICHAEL HAYNE
NEWJERSEYNEWSROOM.COM

Share on Facebook! The immigration bill that will probably never see the light of the border in the house despite being full of bloated border security giveaways, may actually be an economic boost for New Jersey. At least that is what a study released today by the nonpartisan Institute on Taxation and Economic Policy is saying.

Matt Garder, the executive director of the ITEP, says those who crossed the border illegally or overstayed their visa already pay what he calls "automatic taxes."

"Every time you go to the store, or fill up your car with gas or buy a pack of cigarettes, you're going to pay those sales taxes and those excise taxes automatically," Gardner said, "and the retailer neither knows nor cares whether you're an undocumented taxpayer or a full citizen." (Newsworks)

And a pathway to citizenship would quell a lot of taxpayer anger since immigrants would be then be paying taxes more consistently. Currently, 50 percent of undocumented workers are believed to be paying state and federal taxes.  Better still, lifting

millions of them out of darkness would also mean more income tax contributions.

According to the study, New Jersey would see an additional $100 million on top of the $476 million it already sees from undocumented workers. So New Jersey has extra incentive to ensure that immigration reform passes.

 

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