Significant Statistics About Immigration and Economic Growth
America was entirely built on the concept of immigration from the early days of colonization all the way to the current times with immigration having contributed to not only diversity but also growth as well. If you are among the countless people in the world today especially in the United States that that think that immigration is a bad concept and associate immigrants with all the negative things, then it is time to rethink the same as immigration comes with a whole range of benefits and huge impact on economic and population growth which are two major subjects that no one can ever ignore no matter what. One of the major reasons why everyone must read thoroughly and understand every concept about immigration is that it has significant effects on the growth of every economy unlike what most people believe and associate it with. Discussed below are some of the crucial facts that people need to know about the relationship between immigration and economic growth.
When it comes to this subject, everyone seems to make immigrants their aspect of controversy all the time. The truth is however that only a small percent of immigrants are undocumented with most of them living on their green card program or work visas. Even with the 3% of immigrants that is in the country illegally, it is great to hear that they still work and pay their taxes to the government but however receive very little government benefits considering that they are in the country illegally. Research done by the Institution on Taxation & Economic Policy shows that unauthorized immigrants contribute .6 billion every year in taxes which means that even the small number of illegal immigrants in the states still contribute greatly to the government.
It is interesting to learn that immigrants in America make up about 28% of the entire population which roughly translates to almost 89.4 million people according to research done in 2018. The number of immigrants in the States, however, keeps fluctuating and the in-flux or out-flux of immigrants largely has to do with the current policy as well as economic issues. The recent time shave also seen in an increase in these statistics with that native producing lower as well as having a lower impact on population growth as well ever since the early 2000s. It is also vital to note that immigration means innovation and population growth as well.
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