As a nation built on immigration, the U.S. faces a crucial time as it looks to repair the broken system with a comprehensive immigration overhaul bill. Behind today’s times, there are a number of employers that are hiring documented workers and more than 11 million immigrants are currently living and working in the U.S.
This overhaul would allow individuals to come out of the shadows while providing a boost to the U.S. economy, according to a report titled “The Economic Benefits of Fixing Our Broken Immigration System” by the White House. Broken down by state, the report discusses the economic benefits each would experience if immigration reform were to pass Congress.
According to the White House, commonsense immigration reform will strengthen the nation’s economy by creating jobs. Economic growth would increase as more workers in high demand would be able to enter the labor force and additional entrepreneurs would be able to start companies.
“It is time to act to fix the broken immigration system in a way that requires responsibility from everyone – both from unauthorized workers and from those who hire them – and guarantees that everyone is playing by the same rules,” the report stated. “To this end, the president urges the House of Representatives to take action and stands willing to work with all parties to make sure that common-sense immigration reform becomes a reality as soon as possible.”
Maryland Benefits of Immigration Reform
Economic output in Maryland would increase by as much as $740 million if the Senate’s immigration reform bill were to become law. Additionally, the report by the White House found that the state would add more than 8,000 jobs as well.
Total personal income for Maryland families would increase by $2,9 billion in 2020 as immigrants who are currently undocumented would begin paying as much as $163 million in state and local taxes, the report found.
The Senate’s bill would also curb future illegal immigration by as much as 50 percent. According to the source, it would also cut the federal deficit by $135 billion in the next 10 years.
Tax Benefits for New Jersey
Comprehensive immigration reform would bolster New Jersey’s tax revenue, the source found. The report was published a month after the Senate approved legislation that would include a pathway for the nation’s 11 million undocumented immigrants already living in the country. The pathway includes requiring immigrants to pay back taxes, learn English, go through background checks and be issued temporary status before they can become eligible citizens.
As for New Jersey, 27.5 percent of the state’s labor force is foreign born and generates about $6.2 billion in income every year. According to the report, if immigration reform had already been implemented, $558 million in state and local taxes would have been paid in 2010, compared to the $476 that was paid.
Immigrants Play an Important Role in New Mexico
Many of the entrepreneurs and skilled engineers living in New Mexico are foreign born, according to the Albuquerque Business Journal. Referencing the White House report on repairing the broken system, immigration overhaul would increase economic output in New Mexico by $147 million. In addition, approximately 1,776 jobs would be created by 2014.
According to the White House report, 12.6 percent of business owners in Mexico are immigrants and 41.5 percent of science, technology, engineering and math graduates are foreign born. Of those who work on farms in New Mexico, 44 percent are non-citizens. Another 60.5 percent of the individuals who hold a Ph.D. are foreign born.