Economic Justice

 

Facts for Anti-immigrants disparage remarks that assail Immigrants Taxes & Spending Power

Immigrants and the economy

 

http://www.newamericaneconomy.org/ [Source]

Immigrants and the economy

Texas is home to nearly 4.5 million immigrants, the second-largest population of immigrants in the country behind California. They play an important role contributing to the state as both taxpayers and consumers. By spending the money they earn at businesses such as hair salons, grocery stores, and coffee shops, immigrants also support small business owners and job creation. The vast majority of new Americans in Texas are working-age; they serve as everything from groundskeepers to software developers, making them valuable contributors to the state’s economic success.

Immigrant Residents

4,497,584

Immigrant Share of Population

16.7%

Immigrant Taxes Paid (2014)

$29.1B

Immigrant Spending Power (2014)

$89.6B

Immigrant Entrepreneurs

336,293

Employees at Immigrant-Owned Firms

421,942

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Immigrants earning 2014 in TX

 

 

 

 

 

 

 

 

 

 

 

 

 

Demgraphics

In the United States, immigrants are more likely to be working-age than their U.S.-born counterparts. This allows them to contribute to the U.S. economy and to entitlement programs as they work and pay taxes. This is equally true in Texas, where immigrants are far more likely to be of working age than the U.S.-born population.

Age Group Foreign-Born Population Share Native-Born Population Share
0-24 14.7% 40.9%
25-64 75.2% 47.3%
65+ 10.2% 11.7%