Thursday, August 6, 2009

[RED DEMOCRATICA] INFORM.: Legals, illegals a boon to economy; critic says they’re a drain (Colorado)

 

Latino economic power

Report: Legals, illegals a boon to economy; critic says they're a drain

Peter Marcus, DDN Staff Writer

Thursday, August 6, 2009

http://www.thedenverdailynews.com/article.php?aID=5225 


A report released yesterday by the Immigration Policy Center states that Latinos, whether legal or illegal immigrants, act as an economic boom to the state.

But an immigration critic says supporting immigrants outweighs any benefit. Read more about that below. 

The report released yesterday states that purchasing power of Latinos in Colorado last year totaled $21 billion. Latino-owned businesses had sales and receipts of $5.1 billion and employed more than 32,000 people in 2002 — the last year data is available — the report states.

Meanwhile, immigrants and their children are growing. Foreign-born Coloradans grew from 4.3 percent in 1990 to 10 percent in 2007, making Colorado home to 485,170 immigrants that year — about the population of Sacramento, Calif. 

About one in 10 Coloradans is an immigrant, and one in five is Latino. Nearly one-third of all immigrants living in Colorado is a naturalized U.S. citizen, according to the report.

New Americans — defined as immigrants and their children — account for about 5.4 percent of all registered Colorado voters.

The Immigration Policy Center report also states that immigrants are "integral to Colorado's economy." They comprised 11.4 percent of the state's workforce in 2007, including 5.4 percent who are illegal immigrants.

But despite concerns over illegal immigration, the Immigration Policy Center and the Colorado Immigrant Rights Coalition say Colorado would lose $8 billion in expenditures, $3.6 billion in economic output, and approximately 39,738 jobs if illegal aliens were removed from the state.

Illegals paid between $159 million and $194 million in state and local taxes in 2005, according to the report, which cites the Bell Policy Center. Employers in 2005 also paid between $12 million and $15 million in unemployment insurance taxes to the state on behalf of illegal workers, according to the report.

"Immigrant workers, families and communities make invaluable contributions to the State of Colorado," states the Colorado Immigrant Rights Coalition.

"It is imperative that Colorado policy makers embrace this reality by promoting immigrant integration, not immigrant exclusion," said Julien Ross, director of CIRC.

But former Colorado Congressman Tom Tancredo, an outspoken critic of immigration, said the cost of supporting immigrants far outweighs any economic benefits to the state.

"They may very well generate the dollars they're talking about, but it doesn't matter," he said. "The cost to support that community — the education, health care, housing — because they are low-skilled, low-wage workers, that cost is far greater than the amount of money they generate. It always has been."

 


 
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