President Donald Trump’s immigration crackdown could cost the federal government nearly half a trillion dollars in lost tax revenue over the next decade, according to economists.
Undocumented immigrants currently pay about $66 billion each year in payroll and federal income taxes. But policy changes introduced by the Trump administration may deter many from filing returns, potentially reducing federal revenue by between $147 billion and $479 billion over 10 years, an analysis by the Yale Budget Lab concluded.
