Archive for the ‘Immigration’ Category

High-Tech Immigrant Entrepreneurs

Immigrants are critical to the well-being of the U.S. economy. And that most certainly includes immigrant entrepreneurs.

Earlier this month, the U.S. Small Business Administration’s Office of Advocacy released a new study by David Hart, Zoltan Acs, and Spencer Tracy, Jr. titled “High-tech Immigrant Entrepreneurship in the United States.”

Among the findings of a survey of “rapidly growing high-impact, high-tech companies” were:

• “We find that about 16% of the companies in our sample had at least one foreign-born person among their founding teams.

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Immigration and Employers

In case you missed it, read a July 16 Wall Street Journal editorial titled “Blame the Employers.”

The piece noted that the Obama administration is now following the misguided Bush administration’s blame-the-employer policies regarding immigration enforcement. The editorial highlights the problems with the government’s E-Verify system/database to verify the legal status of workers, and the fact that E-Verify cannot catch identity fraud.

And as for the proposal to go to a national biometric ID card, the Journal asks: “But if national ID cards are the silver bullet, why does Europe have so many illegal immigrants despite ID systems that have been in place for decades?”

The Journal correctly concludes: “The broader issue is that the Obama Administration, like its predecessor, has accepted the premise that the key to curbing illegal immigration is a crackdown on employers.

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Immigrants Impact on States and Localities

The assumption in too many political debates is that immigrants are a net negative on state and local government budgets – especially undocumented workers. But economic reality is quite different.

In late April, the Immigration Policy Center published a valuable report highlighting the findings from a variety of studies looking at immigrations, and their effects on states and localities.

The report sums up:

Accurately assessing the costs and contributions of immigrants, particularly undocumented immigrants, is a challenge, but research shows that between one-half and three-quarters of undocumented immigrants pay federal and state income taxes, Social Security taxes, and Medicare taxes.

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