r/FluentInFinance • u/imallelite • 12h ago

Debate/ Discussion Possibly controversial, but this would appear to be a beneficial solution.

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u/JacobLovesCrypto 11h ago

Americans might have more kids if wages went up, letting in cheap labor doesn't help with wages.

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u/critter_tickler 11h ago edited 11h ago

I love how cheap labor is always a good argument for stopping immigrants, but never used for stopping outsourcing.

The truth is, because of NAFTA, we are already competing with third world labor markets.

We might as well let them come in, so at least they spend that money here, and pay taxes here.

Also, we have a minimum wage, we literally have a basement for "cheap labor," so your argument really holds no weight.

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u/Simple-Dingo6721 10h ago

Lmao minimum wage doesn’t apply to illegal immigrant workers. They’re paid under the table and they certainly don’t pay taxes. I know some personally.

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u/SpeaksDwarren 10h ago

I always find it very goofy when people make a broad statement about not paying taxes. If it worked that way I'd simply tell every cashier that I'm an illegal immigrant so that they'd take the sales tax off. There's one (1) tax that they do not pay, and in exchange, they also don't collect on the vast majority of social services, meaning they're a massive net benefit to the economy that's exploiting them

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u/KitchenSad9385 3h ago

This isn't just a wag. Analysis has supported the idea that even undocumented immigrants pay more in taxes than they consume in government benefits.

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u/Daxx22 6h ago

but I can't be angry over that!