Study Shows Immigration Reform Would Boost State Tax Revenue
KREX News Room
GRAND JUNCTION, Colo.- A recent study says Colorado would gain millions of dollars in tax revenue, under the new comprehensive immigration reform.
According to the non-partisan research organization, Institute on Taxation and Economic Policy, if people in the state who entered the country illegally, were allowed to work legally, Colorado would gain 43 million dollars a year.
Since this is a human rights issue, business and faith leaders will be meeting with politicians in the coming weeks to talk about this, and other benefits of the reform.
“One of the complaints has been, with immigrants who are outside the legal system, put a drain on the local economy through increase cost of health care and other services” said Pastor John Farley of Immaculate Heart of Mary Parish. “Bringing them within the system helps pay for those costs which is exactly what people are complaining about.”
“I think that people believe that all undocumented immigrants work under the table and are paid in cash,” said Nicole Bernal Ruiz of the Hispanic Affairs Project. “That’s not the case. Many people do have taxes withheld from their checks, and a lot of people pay income taxes voluntarily.”
Officials estimate that people living here illegally are already paying more than $152 million annually in state and local taxes.