Since I have been aware of the positively STAGGERING amount of money that has been sent OUT of the country and hence remains UNCIRCULATED and a NON-stimulus to the same economy in which it was made, I wonder if ANY economist or financial writer, or whomever, has done any study demonstrating just what the net effects of this are on the US Economy? How could it be beneficial in any way? WHY do we put up with it?? In this context it looks like the money itself has been given up as a lost cause, but maybe
we can bite a piece out of it before it "leaves the room"??
Anybody know about such a study, or can anyone offer his economic expertise to give an overview of what happens to this economy when there is so much "outflow" from this strata of workers?
Since the data in the study is over a year old it's quite probable that the number of illegals has grown from 21 million to something like 25 million.
The FairTax would have the effect of collecting tax from all consumers (including these) at the same tax rate the rest of us pay. It might also help to make that sort of immigration less attractive than it has been since it would no longer be the free-ride off of the present US taxpayers as at present.
Also note that that there are others in the illegal economy aside from illegal aliens - drug dealers, those in the sex industry, cash betters, those getting cash tips, etc. In addition there are many millions of foreign tourists who would pay the FairTax on their taxable consumption (as we would do on ours) where at present they get the same sort of free ride from taxpayers as the rest of the illegal economy gets.