LexisNexis® CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. Choose from a broad listing of topics suited for law firms, corporate legal departments, and government entities. Individual courses and subscriptions available.
"A new report issued this month by the Greater Houston Partnership (GHP), a business advocacy organization, confirms that legalization of unauthorized workers would result in those workers earning higher wages and paying more taxes. Potential Tax Revenues from Unauthorized Workers in Houston’s Economy uses
data from the Pew Hispanic Center to estimate the number of
unauthorized immigrant workers, by industry, in the Houston area. Then,
assuming that legalized workers would earn the prevailing wage in their
industry, GHP estimates their projected incomes to which it applies the
standard tax rate. GHP estimates that, if all unauthorized workers in the Houston region
were legalized and they and their employers paid Social Security,
Medicare, unemployment insurance, and federal income taxes, additional
tax revenues would exceed $1.4 billion. The report also demonstrates
that even with less than 100% legalization, there are still significant
potential revenues. For example, if only 25% acquire legal status, an
additional $356.1 million in tax revenues would be generated." - Michele Waslin, Jan. 18, 2012.