How would banning DACA affect your state's tax revenue?
How immigration changes could affect state tax revenue
Donald Trump’s campaign and now presidency was built on promises of economic growth, and he has wasted no time enacting major changes.
Since his election, the Deferred Action for Childhood Arrivals program, more commonly known as DACA, has been a controversial topic of discussion in the United States. Originally created in 2015 by former President Barack Obama, DACA essentially protects children who were brought into the country illegally. DACA currently helps close to 800,000 people by deferring the deportation process and allowing young immigrants to work. Seeing as though President Trump has vehemently opposed the policy and already taken drastic steps to prevent illegal border crossings, the future of DACA is uncertain.
And, as always, policy changes made behind closed doors in Washington will have far-reaching effects — particularly on the U.S. economy. Preventing DACA recipients from working would decrease U.S. gross domestic product by $433 billion over the next 10 years, according to the Center for American Progress. Moreover, the Trump administration has already stopped accepting new DACA applications, so it’s unclear whether the goal is to eventually modify or completely repeal the program.
Stacker took a close look at data, courtesy of the nonpartisan think tank Institute on Taxation & Economic Policy, revealing how much tax-revenue loss each state would experience. The consequences of rescinding DACA appear to contradict President Donald Trump’s promises for economic prosperity, and disproportionately impact each state.
https://www.msn.com/en-us/money/markets/how-would-banning-daca-affect-your-states-tax-revenue/ss-AAA9Tgb?li=BBnbfcN
What else do you expect from a dumbfuck who goes bankrupt in the casino business?
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