Immigrants Have Positive Impact on the L.A. Economy, According to New Study
Date: February 8, 2017
Immigrants contribute significantly to the economies of the city and county of Los Angeles, according to a study released today.
The report from the New American Economy, which is a bipartisan coalition of mayors who support immigration reform, says immigrants contributed $232 billion to the county’s gross domestic product in 2014, or 35.7 percent.
Immigrants contributed $232 billion to the county’s gross domestic product in 2014, or 35.7 percent.
The report also states that 53.6 percent of the city’s self-employed workers were immigrants who paid $6.9 billion in federal taxes and $3.2 billion in state and local taxes in 2014.
“It tells us in certain terms what we already knew, what we can see walking through every day here in Los Angeles,” Mayor Eric Garcetti said.
“This is who we are. This is what our values are. This is what we are about. We recognize immigrants as a source of strength, as a source of protection, and as a source of prosperity.”
Garcetti made the comments at a news conference at City Hall, and while he did not directly mention President Donald Trump or his administration’s immigration policies, Councilman Gil Cedillo was more direct.
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Related NAE Research: New Americans in Los Angeles