Sponsor
Why You Can't Afford NOT to Sponsor a Refugee!
Excerpts from "A Fiscal Portrait of the Newest Americans" compiled by the National Immigration Forum, 220 I Street NE, Suite 220, Washington, DC 20002-4362.
Findings: "The American economy is greatly enriched by immigrants of all educational levels and ethnicities... immigrants are a fiscal bargain for American taxpayers."
1. Immigrants raise the incomes of U.S.-born workers by at least $10 billion each year. According to a study conducted by the National Research Council of the National Academy of Sciences (NRC) "the typical immigrant and his children pay an estimated $80,000 more in taxes than they will receive in local, state, and federal benefits over their lifetimes."
2.
The taxable income of immigrants who become U.S. citizens averages $32,585,
compared with $27,076 for families with all native-born members according
to data
from the U.S. Census Bureau Current Population Survey.
3. In 1997 immigrant households paid $133 billion in local, state, and federal taxes.
4. The National Immigration Forum has identified "ten high-tech firms founded by immigrants who total revenues topped $28 billion in 1996 and whose total employment totaled nearly 70,000 U.S. citizens."
5.
Although typically immigrants initially rely on public assistance, over
time -- usually after ten to fifteen years in this country -- they become
net contributors. Interestingly, working-age immigrants who have been
in the US for more than ten years are less
likely to receive welfare than natives, according to a 1998 Urban Institute
study.
6. More than seventy percent of immigrants who arrive in the United States are over eighteen and in the prime time of their working years. This means that "there are roughly 17.5 million immigrants in the United States today whose education and upbringing were paid for by the citizens of the sending country, not American taxpayers... so immigration can be thought of as an enormous $1.43 trillion transfer of wealth from the rest of the world to the United States."
7.
Immigrants make a huge contribution to the Social Security and Medicare
programs. Based on the calculations of actuaries at the Social Security
Administration, "the total
net benefit to the Social Security system in today's dollars from continuing
current levels of immigration is nearly $500 billion for the 1998-2022
period and nearly $2.0 trillion through 2072."
For more information on donating, please contact our Sponsorship Developer:
Kentucky
Refugee Ministries
1516 Hepburn Ave.
Louisville, KY 40204
502-581-8541 ext. 23
fax 502-581-8552