Crucial Facts That Everyone Needs to Know About Immigration and Economic Growth
There is no way one can eliminate the concept of immigration when talking about the growth of America and its diversity not just during the early days of colonies but even currently. But why does this topic tend to raise so much controversy most of the time especially with a lot of false assumptions being made about immigration especially on how it affects economic growth in the United States? First of all, everyone must understand and agree that immigration and economic growth go hand in hand which brings the need for people to study and familiarize with some of the statistics about the impact of immigration before forming an opinion about the whole issue. This useful is primarily meant to shed some light on what immigration is as well as how it helps to enhance economic growth not just in America but also any other country across the world today as a way of eliminating the controversy that most people associate it with most of the time.
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. It is in fact almost unbelievable that the illegal immigrants contribute tens of billions of dollars in taxes every year according to a study that was recently done by the Institution on Taxation & Economic Policy which is such an appealing figure.
There is a study that was done in 2018 which shows that about 28% of the United States population which is about 89.4 million people is made up of immigrants. 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. there is also no denying the fact that the immigrants do not just have a higher impact on population growth which has been the trend from the early 2000s but also exhibits higher productivity as well. It is also vital to note that immigration means innovation and population growth as well.