Illegal Immigration: Is it good for the economy, do illegals pay taxes? Part 2 of 3 - PowerPoint PPT Presentation

About This Presentation
Title:

Illegal Immigration: Is it good for the economy, do illegals pay taxes? Part 2 of 3

Description:

Public policy review answers the question if illegal immigrants pay taxes and if they are good for the economy. The research shows how illegal immigrants take more out of the system than they pay into it. – PowerPoint PPT presentation

Number of Views:864

less

Transcript and Presenter's Notes

Title: Illegal Immigration: Is it good for the economy, do illegals pay taxes? Part 2 of 3


1
Illegal Immigration
Do They Pay Taxes? Is It Good For the
Economy?
Part Two
2
? ANSWER THe QUESTION
? Do illegal immigrants pay taxes?
? ARE ILLEGAL IMAGRANTS GOOD FOR OUR ECONOMY?
3
? TWO FACTORS NEED TO BE EXAMINED
The Amount of Money Illegal ImmigrantsPay Back
Into The Economy
4
? MONEY TAKEN OUt OF THE economy
The Amount of Money The Illegal Immigrants Take
Out of The Economy Through Public Services Used
by Them
5
? ILLEGAL Immigrants INCOME TAXES PAID
Amnesty Advocates Say That Illegal Immigrants
Pay Taxes
6
? THREE AREAS OF TAXES PAID
Sales Taxes
Income Tax
7
? IN THE EARLY 1990s
Los Angeles Board of SupervisorsHires The Rand
Corporation
Evaluate The Cost That Illegal Immigrants Put On
To The County
8
? FINANCIAL BURDONS FOR PUBLIC SERVICES
Public Services Provided to Illegal Immigrants
Reimbursed By
Provided To
Education
Health Care
The Financial Burden
Payroll Taxes Paid By The Illegal Immigrant Labor
Law Enforcement
Welfare
9
? Answer to the questions
? Do illegal immigrants pay taxes?
? ARE ILLEGAL IMAGRANTS GOOD FOR OUR ECONOMY?
10
? Income taxes paid by illegal immigrants
Family Characteristics
Illegal Immigrant
Low Skilled
Low Income
Many Children
Low Educated
The Low Skilled and Low Educated is Important in
Analysis
11
? Typical illegal immigrant income
Income For An Illegal Immigrant Couple
about
19,566 per year
10.00 per hour
20,000 per year each
Illegal Immigrant Couple
40,000 Per Year Gross Family Income
12
? Typical illegal immigrant income
Couple with 3 children
2009 tax schedule
Zero California Income Tax
Refund of 1,597 From Federal Government
13
? Typical illegal immigrant income
Zero California Income Tax
Family of Five
Total Refund of 1,597 From Federal Government
14
? Property taxes paid by illegal immigrant
As of April 2010
20 Down Payment at 6 Interest Rate
Average Home Costin California 255,000
1,435.00 Per MonthMortgage Payment and
Property Tax
Mortgage Payment and Property Taxes
15
? Criteria to purchase a home
Adequate Income
Average Home Costin California 255,000
Mortgage Payment and Property Taxes
16
? Criteria to purchase a home
Illegal Immigrant Couple
Can Not Qualify
40,000 Per Year Gross Income
Apartment Rental
Most Illegal Immigrants Do Not Pay Property Taxes
17
? Property taxes paid indirectly
Property Taxes Paid Indirectly From Rent
Apartment Rent
Property Tax Rates Set Years Earlier At A Lower
Property Value
Minimal Property Taxes
18
? Proposition 13 passed in 1970
Living Expense Stability
About 1.25 In California
Property Taxes Based OnValue Paid At Purchase
Typical Monthly Budget
19
? Lets look at the score card
1,597 Refund Annually
Tax Refund
Personal Income Taxes Paid
They Pay
Zero Property Taxes Paid
20
? Sales tax paid by illegal immigrants
SALES TAX
21
? ESTIMATED MONTHLY EXPENSES budget
2,437
Total Expenses
No Mortgage Deductions
Balance at the end of the monthly
824
NOTE This does not budget for health insurance,
auto insurance, repairs, life insurance,
retirement savings or recreation/vacation.
Income (monthly)
3,261
22
? ESTIMATED MONTHLY EXPENSES budget
From the above expenses where sales tax is
generated from purchases of food, clothing, etc.
9.75 Sales Taxin Los Angeles
1,894.00
The monthly sales tax is based on a monthly
average purchase of.
The sales tax on 1,894 at 9.75 is 185 per
month.
2,216.00Annually
23
? Tax score card
No State Income Tax
1,597.00
Receives a Federal Tax Refund of
Pays no Property Tax
No Property Tax
2,216.00
Pays Sales Tax Annually
Sales Tax Paid
619.00
A total of California Taxes Annually
For Public Services
24
? Water flow money flow thru the economy
25
(No Transcript)
26
? Do illegal immigrants pay taxes?
? QUESTIONS
? Are illegal immigrants good for our economy?
27
? What illegal immigrants take
Health Care
Law Enforcement
Public Education
Incarceration
28
? The California state budget 2010-2011
10of the State Budget
25of the State Budget
58of the State Budget
29
? The California state budget 2010-2011
-11,000Per Year to EducateGrades 1 - 12
Education Budget
Costs the State -33,000Annually
-400,000 Over the 12 years of public education
30
? TAX SCORE CARD
Not Including Health Care, Welfare, Law
Enforcement
Public Education
Each Illegal Immigrant Family is a Net Loss To
The Community -32,381Annually
619.00
TaxesFor Public Services
Take Out -33,000 For Public Education
Annually
31
? TAX SCORE CARD
Net Loss To The Community -32,381Annually
Not Including What Is Taken Out For Healthcare
Health Care
84
Un-Insured Latino immigrants in Los Angeles
Area
AFDC or Food Stamps
The Actual Cost To The Communityis Higher Than
its Number!
32
Illegal Immigration
Do They Pay Taxes? Is It Good For the
Economy?
End - Part 2 of 3
Credits Animation by Quiet Earth http//
www.QuietEarth.net Presentation by Creative
Presentations by Designhttp// www.CPbyDesign.net
http// www.CaliforniaImmigrationData.com
DisclaimerThrough the use of the pictorial
references in this presentation, any resemblance
to anyone living or dead is purely coincidental
and not intended to defame and/or slander any
person living or dead. All pictures and/or
artwork used in this presentation was either
purchased and paid for or gleaned from
non-proprietary pages found on the Internet using
both Yahoo.com and/or Google.com image search
sites.
Write a Comment
User Comments (0)
About PowerShow.com