Estimates Based News Today

Executive Summary: The Fiscal Cost of Low-Skill Immigrants to theU.S. Taxpayer

Current immigration practices, both legal and illegal, operate like a system of trans-national welfare outreach bringing millions of fiscally dependent individuals into the U.S.

Alaska’s heavy reliance on oil and gas taxes and investment income creates revenue volatility. Explore the economic implications of an Alaska income tax.

Learn more about the upcoming Massachusetts graduated income tax amendment. See the latest details and analysis of the Massachusetts tax ballot measure.

Rui Esteves, Seán Kenny, Jason Lennard 20 July 2021 There is little consensus on the macroeconomic impacts of sovereign debt crises, despite the regularity of such events. This column quantifies the aggregate costs of defaults using a narrative approach on a large panel of 50 sovereigns between 1870 and 2010. It estimates significant and persistent negative effects of debt crises starting at 1.6% of GDP and peaking at 3.3%, before reverting to trend five years later. In addition, underl...

SEPTEMBER 21, 2018 Generally accepted estimates put the population of undocumented immigrants in the United States at approximately 11.3 million. A new study, using mathematical modeling on a range of demographic and immigration operations data, suggests that the actual undocumented immigrant population may be more than 22 million. … But a paper by three Yale-affiliated researchers suggests all the perceptions and arguments based on that number may have a faulty foundation; the actual populat...

The History Of Income Inequality And Popping Economic Bubbles  Share   Share Source: AP Photo/Elise Amendola In a significant study by economists Thomas Piketty and Emmanuel Saez, they explain the economic impact historically on capital and upper income Americans: We find that top capital incomes were severely hit by major shocks in the first part of the century.  The post-World War I depression and the Great Depression destroyed many businesses and thus significantly reduced top capital in...