Justin Fox, Columnist

Immigrants Are a Bargain, Fiscally Speaking

If you measure correctly, they almost certainly bring in more tax revenue relative to benefits than those of us who were born here.

October 30, 2018 at 1:00 PM UTC

By Justin Fox

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

What do the numbers say?
Photographer: Scott Olson/Getty Images

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In a report issued in 2016, a National Academies of Sciences, Engineering and Medicine panel on “The Economic and Fiscal Consequences of Immigration” concluded that, among other things:

President Donald Trump cited this conclusion in his first address to Congress in February 2017: