Pflugerville Community Development Corp.’s Post

A political post! I just saw some data, it surprised me, but people will say it is political: Illegal Immigration, data from the end of 2022, cost to US taxpayers $182 Billion dollars, net out any work and taxes paid it is $152 Billion (net). ANNUALLY Each illegal cost the tax payer $1,156 (not inflation adjusted) each.. So with a total of 5,000,000 new immigrants in the country since this data was produced, just add another $6B.. So today it is $188B, and added 988k new immigrants in January alone, this issue will bankrupt our nation! Lets not talk aid to the rest of the world, but unless we figure out how to balance our checkbook I'm not sure where this ends up? If you don't follow Kyle Reyes you should for real daily insights at the border and this data was validated at www.fairus.org #saveus #saveamerica #legalimmigration #votethemout #read #research

Our webinar titled "4 Key Considerations when Emigrating to the Isle of Man" is currently underway! The webinar focuses on crucial tax matters and addresses tax residency and visa concerns for all South Africans in the Isle of Man. This is an opportunity for attendees to learn and engage with tax and immigration professionals. Keep an eye out on our social media pages for the latest news on this topic as well as upcoming events: https://lnkd.in/d7UeGhAK #IsleofMan #Immigration #TaxUpdates #TaxationInsights

This idiot was in charge of immigration and brought all these people over knowing our infrastures were already failing and unable to support them. Now he is in charge of housing and says maybe we need less immigration. Duh? Then he figures war time homes are the solution. You know when Canadian Citizens who faught for our country would have a home to return to. Canadian tax paying citizens who defended our country. Completely different then todays issue stupid. Secondly the other big elephant in the room is the inflationary costs caused by your government to actually pay for utilities, taxes insurance and the maintenance of the home. https://lnkd.in/gWuzPQMS

What is the relationship between #immigration and #inequality? In the UK over the past 40 years, the effect of immigration on the distribution of native wages has been very small. The impact of immigration on the fiscal budget, and the potentially unequal impact of the ensuing tax implications on natives, have not created disadvantage either, as immigrants are large net fiscal contributors. Find more in "Inequality and immigration", by Director Christian Dustmann, Yannis Kastis and Ian Preston in "Dimensions of Inequality: The IFS Deaton Review": https://lnkd.in/dNdVUtzy

Earlier today, the House Budget Committee held a hearing examining the economic impacts of increased immigrations. The ramifications of heightened immigration and escalated borrowing costs reverberate within the realm of finance, impacting the cost of municipal bonds and fixed income securities. “As the nation grapples with mass immigration, its financial implications extend beyond political discourse and into the economic fabric of cities, states, and towns across the country. Municipalities have become overwhelmed by the increase in their population and are finding their budgets and the ability to provide basic services stretched to their outer limits. If something doesn’t change, then, one way or another, this will cause an increase in costs for municipalities and the people who call those communities home. We ask lawmakers to focus on how this aspect of immigration is impacting the American economy- on the local, state, and national level," said American Securities Association's Christopher A. I.. Read more from The Bond Buyer's Scott Sowers:

The 2024 Australian Federal Budget did not have any major announcements on the overhaul of Australian visas or the further reform of individual tax residency rules. The Government has continued with its ongoing measures to the migration reform, which were balanced with a broader strategy to address current workforce challenges and targeted immigration policies. We cover this is in more detail in our 2024 Budget Report https://lnkd.in/gMPyCnN3 #globalmobility #migration #budget2024 #australianfederalbudget #andersen #andersenglobal #anderseninaustralia #ATO #tax #individualtax #permanentmigration Natasha Jurista

 The surge in immigration is a $7 trillion gift to the economy As the economy has improved and consumers have begun recognizing that improvement, Republicans have pivoted to attacking President Biden on a different policy weakness: immigration. After all, virtually everyone — Democrats included — seems to agree the issue is a serious problem. But what if that premise is wrong? Voters and political strategists have treated our country’s ability to draw immigrants from around the world as a curse; it could be a blessing, if only we could get out of our own way. Consider a few numbers: Last week, the nonpartisan Congressional Budget Office released updated 10-year economic and budget forecasts. The numbers look significantly better than they did a year earlier, and immigration is a key reason.

These taxes are used to fund public services such as healthcare, education, infrastructure, and social programs. The amount of tax you pay depends on your income level, with higher earners typically paying more. Read more about it in #movetocanada #cometocanada #enjoycanada

For any US persons looking at expatriating, it may well just get a little more cost effective to do so. US Plans $1,900 Price Cut to Renounce US Citizenship Amid FATCA #tax #taxation #internationaltax #taxpolicy #taxtherich #transparency #wealth #wealthplanning #wealthy #success #investing #familyoffice #assetprotection #wealthprotection #freedom #security #expatriation #usinvestment #usrealestate #taxplanning #expatriation

Illegal immigration is making your wallet smaller. In the ongoing immigration debate, there's talk of using monetary policy to address the financial strains caused by illegal immigrants coming into this country.   By expanding the M2 money supply, the government aims to cover added costs without immediate tax hikes or borrowing. (more on this in a moment)   However, this approach poses risks such as inflation and currency devaluation. Alternative solutions like better immigration policies and targeted assistance may offer more sustainable answers. Ultimately, a more encompassing strategy addressing the root causes and economic reforms is needed for the long-term success of this nation. We cannot continue on like this - and this is not political as much as it is a simple statement of economic fact. I'm going to be posting a short educational piece on how the Fed controls our money here in just a moment...