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USReport: Some DACA recipients pay over $50 million in taxes

22:45  12 september  2019
22:45  12 september  2019 Source:   nbcnews.com

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Just in California, DACA recipients pay .1 billion in federal taxes and billion in local and state taxes to fund schools and health care for low-income residents. Demonstrators protest President Trump's attempts to end the DACA program, in Washington on March 5

Some who side with Trump's action argue that DACA … DACA Recipients Contribute Just Like Everyone Else. A total of 1.3 million young undocumented immigrants who are enrolled or eligible for DACA contribute billion a year in taxes , state and local, according to the Institute of Taxation and

Nearly 700,000 DACA recipients living across households in all 50 states contribute $5.7 billion in federal taxes as well as $3.1 billion in state and local taxes, according to a report released Tuesday.

Report: Some DACA recipients pay over $50 million in taxes© Samuel Corum Demonstrators protest President Trump's attempts to end the DACA program, in Washington on March 5, 2018.

Nicole Prchal Svajlenka, a senior immigration policy analyst at the Center for American Progress, an independent nonpartisan policy institute, analyzed state-by-state data of DACA recipients' economic contributions and family connections. The study comes as the Supreme Court prepares to hear arguments this fall on whether to reverse lower court decisions blocking President Donald Trump from ending the Obama-era DACA program, which temporarily shields certain young immigrants from deportation and makes them eligible for work permits.

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Unfortunately, DACA recipients are not considered lawfully present for purposes of Obamacare and therefore are not eligible for Obamacare. Children can help people qualify for certain tax credits and deductions. Tax - paying parents should take advantage of these benefits.

The report underscored Ms. Olson’s repeated complaints that Congress is underfunding the agency, warning that the new tax law will bring added A preliminary estimate by the I.R.S. figured that the new law would require an additional 5 million over the next two fiscal years to handle tasks like

“The analysis quantifies what was already clear: DACA recipients have deep family and economic ties throughout the United States,” Prchal Svajlenka said in a news release. “Allowing DACA to end would sow chaos and confusion, upending the lives of hundreds of thousands of young, hardworking people and their families.”

Of the more than 16 million people living in mixed immigration status families — where some in the family are U.S. citizens but others are not — about 1.5 million individuals live in households with a DACA recipient, including over a quarter of a million U.S.-born children of DACA recipients.

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The top 50 percent of all taxpayers paid 97 percent of total individual income taxes . Who Pays (and doesn't pay ) Income Taxes . To put these numbers in perspective, the top 0.001 percent of taxpayers consists of 1,409 returns, the top 1 percent equals 1.4 million returns and the top 50 percent is half of

Some DACA recipients were able to renew their status just before or after the Trump administration announced an end to the program. But if Congress doesn’t act before the March 5 deadline, DACA authorizations will begin to be terminated at an average rate of 915 per day, MPI estimates, with the

DACA recipients in these households pay $613.8 million in mortgage payments and $2.3 billion in rental payments each year as well as tens of millions in annual taxes to the federal government, according to the analysis.

DACA recipients in California contribute the most, paying $2.1 billion in federal taxes and $1 billion in local and state taxes, followed by Texas DACA-recipient households, which contribute $750.4 million in federal taxes and about $418 million in state and local taxes.

In 41 states and the Washington, D.C., DACA recipients and their households contribute over $1 million annually in state and local taxes in each state. In 35 states, that tax revenue surpasses $10 million each year per state, and in 12 states, it exceeds $50 million.

DACA recipients living in households in New Jersey pay about $100 million, in Illinois $203 million and in New York $211 million in local and state taxes.

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Some have no tax advantages, but instead are cash cows that kick off money to put into investments with great tax advantages. It is a myth that somehow rich people don't pay tax . You will get clobbered with astronomical taxes if you make over 1 million dollars.

Donald Trump may not have paid federal income taxes for 20 years, but the undocumented immigrants he rails against certainly have, according to the head of a Latino civic engagement "He keeps talking about undocumented immigrants. Undocumented immigrants pay billion of taxes every single year.

State and local tax dollars mainly fund community programs such as health insurance for low-income residents, and infrastructure investments. These funds are also used to subsidize local schools.

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