A moral economy would save taxpayers billions every year: OPINION
The Deficit Hawks versus the Big Spenders. That’s how the media typically portrays budget battles in Washington.
1. Comprehensive immigration reform If we accepted more immigrants and created a pathway for more undocumented people to gain legal status, the benefits would outweigh the costs by nearly $200 billion over 10 years, according to a Congressional Budget Office analysis. Why? Because once they’re allowed to come out of the shadows, immigrant workers would pay increased income and payroll taxes — above the billions they already pay.
4. Free higher education People who have the opportunity to extend their education past high school tend to earn higher salaries. This means they pay more in income taxes and rely less on public assistance. A California study found that for every $1 invested in public colleges and universities, the state gained $4.50.
7. Voting rights Protecting basic democratic rights would be a boon for taxpayers. Just one state, Florida, has paid $385 million in estimated annual costs related to administrative and court expenses and increased recidivism resulting from restrictive voting and civil rights laws for the formerly incarcerated.
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