Does Hispanic Consumer, Taxpayer Strength Help Immigration Reform?
Date: December 11, 2014
Immigration reform opponents frequently argue that undocumented immigrants are a drain on our economy and government services. But a new study hopes to refute that idea – and show how strong a consumer and taxpaying force Hispanics are.
Partnership for a New American Economy is a group of government and business leaders who support immigration reform. In Miami on Thursday it reported that the annual purchasing power of Hispanics – who are the majority of undocumented immigrants – now tops $600 billion. In Florida it’s $65 billion – or one of every six spendable dollars.