Immigration can strengthen—or strain—the nation’s finances. It depends on who we admit. A new Manhattan Institute report from Daniel Di Martino finds that: · Immigrants with college or graduate degrees contribute millions more in taxes than they receive in benefits. · Those with lower education levels tend to be net fiscal costs. · Shifting visas toward high-skill categories could reduce federal debt by nearly $20 trillion and raise GDP by 4.6%—without increasing total immigration. A smarter, merit-based system can make immigration fiscally sustainable and economically strong. Read the full report: https://lnkd.in/eM5vZ5xR
Manhattan Institute’s Post
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1wHmmm a couple of thoughts- the model is static - does allow for growth dynamics. For example 40% of new businesses in US are started by immigrants ? It might take decades to grow but many examples exist of contributing businesses