Happy Tax Week for those dumb enough to work and pay federal personal income tax (about half of us, as Mitt Romney famously noted)…
I hope that all of you put extra postage on your tax payments this year since the money needs to go all the way to Somalia and Diego Garcia. Maybe with enough undocumented low-skill migrants our economy will be so rich that none of the native-born will have to pay taxes? There are some statistics hidden in “To File or Not to File: Undocumented Immigrants Face a Tax Return Dilemma” (New York Times):
The federal treasury could take a hit. Many undocumented immigrants have taxes withheld in every paycheck, but experts worry some could shift into under-the-table jobs. Others with less formal earnings may now skip filing a tax return — and therefore not pay federal taxes at all. The Yale Budget Lab, a nonpartisan research center, projected lost tax revenue of about $300 billion over a decade.
Yale estimated that we were being enriched by 22 million undocumented migrants in 2016, which would mean a population of approximately 30 million enrichers today. If we divide $300 billion by 30 million and then by 10 years we get $1,000/year paid by each enricher into a welfare state where each dependent family costs nearly $100,000 per year (some data in pre-Biden dollars). A different study in the same article works out to about $2,000/year paid per undocumented migrant:
Before the agreement between the I.R.S. and ICE, unauthorized immigrants paid roughly $60 billion annually in federal taxes, according to an estimate by the Institute on Taxation and Economic Policy, a progressive think tank. Much of it went to Social Security and Medicare, which are programs that undocumented immigrants cannot benefit from.
(I think the last sentence is factually incorrect, despite the NYT’s claims of checking facts. As soon as an undocumented immigrant’s anchor baby turns 18, the undocumented migrant is immediately eligible for a green card and, thus, immediately eligible to receive Social Security and Medicare.)
The New York Times repeats the absurd statistic that the number of undocumented migrants in the U.S. has barely grown over the past 30 years, even during the Biden-Harris administration’s open border period (see the Yale study: “There’s a number that everybody quotes”):
About 14 million undocumented immigrants lived in the United States in 2023, the latest available estimate, and about 70 percent of them were in the labor force, according to the Pew Research Center, a nonpartisan think tank.
Department of Undocumented Migrants Aren’t Getting Welfare:
But last year’s Republican tax law cut off the child tax credit, which had been available to families if a child was a U.S. citizen.
(A cash handout from federal taxpayers (“the chumps”) isn’t “welfare”, apparently.)
The child tax credit by itself is $2,200, $1,700 of which is “refundable” (i.e., if you don’t owe any tax because you don’t work or have a low income then you get $1,700 anyway). So the child tax credit alone is larger than even the largest estimate of taxes paid per undocumented migrant.
Meanwhile because there was a “flood” WA tax deadline is postponed. I procrastinated, and now can procrastinate even more!
The new “New Math” and the New Logic, kinda makes one’s head spin. The Missouri legislature is trying to emulate Florida and Wyoming by eliminating state income tax. Unlike Florida, they don’t have the outsized tourism revenue (or fossil fuel like Wyoming) and are intending on sales and use taxes to replace the revenue. At least the immigrants can prop them up by buying stuff at Wal*Mart made in China? [Apologies, my New Logic is fuzzy.]
Passed in a midnight session as a change to their constitution, put to the voters in November. Cross that one off for retirement if it goes through. I mean, I <3 pachyderms and everything, but WTF?