Sacks: Average low-skill immigrant household creates $20,000 net government fiscal deficit
David Sacks · E136: Hacking the pod, Threads launches, Fed minutes, immigration, balloon farce, heart health · Jul 9, 2023 · at 1:05:05
David Sacks discusses a 2007 Heritage Foundation study during a debate with David Friedberg regarding the economic impact of low-skill immigration.
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“If you look at the cost of low-skill immigration, the average low-skill immigrant household receives approximately 30,000 dollars in direct benefits from the government. By contrast, these households only pay about 10,000 dollars in taxes. So even though Those low-skill immigrant households, let's assume that they're working and do contribute to the economy in the way that you're saying. There's still A 20,000 dollar gap between what they contribute and what they receive from the government.”
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