• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Time And Sales Reporter
Editor's PickInvesting

New Cato Paper: Immigrants Generated $3.3 Trillion in Property Tax Revenue Since 1994

by April 15, 2025
April 15, 2025

David J. Bier

housing

Today Cato published my new briefing paper coauthored with Mike Howard and Jacob Vigdor on how immigration has affected housing wealth and property tax revenue in the United States since 1994. My main purpose for the paper was to show how considering the indirect effects of immigration on home values can affect the fiscal effects of immigration at the state and local levels.

The fiscal effect literature is in broad agreement about the positive fiscal effects of immigration for federal budgets, but there is more controversy about state and local effects, depending on whether the second generation is included. Our paper shows that immigrants generated $2.2 trillion in property taxes, either through directly owning or renting property, from 1994 to 2023.

But immigrants have also created or preserved $5.7 trillion in housing wealth for American households. Once we account for this effect, the property tax revenue attributed to immigrants increases about 50 percent—to $3.3 trillion over 30 years. In 2023, the total was nearly $143 billion in property tax revenue attributable to immigrants.

You can read the entire paper here.

previous post
“Where the Writ of the Courts Does Not Run”
next post
The US Food Trade Deficit Is Nothing to Fear

Related Posts

Waymo offers teen accounts for driverless rides

July 9, 2025

Quimbaya Gold

July 9, 2025

High Grade Cu-Au at Surface Delivers New Targets...

July 9, 2025

Juggernaut Closes $1,100,000 from Institutions and Accredited Investors

July 9, 2025

Share Purchase Plan Offer Booklet

July 9, 2025

Strong Leach Recoveries and Low Impurities

July 9, 2025







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.




    Recent Posts

    • Waymo offers teen accounts for driverless rides

      July 9, 2025
    • Tariff Shock Spurs “Buy-the-Dip” Setups in Tesla and ON Semiconductor

      July 9, 2025
    • TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

      July 9, 2025
    • ‘Who wouldn’t want it?’: Netanyahu open to receiving stealth bombers, bunker-busters from US

      July 9, 2025
    • Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

      July 9, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 timeandsalesreporter.com | All Rights Reserved

    Time And Sales Reporter
    • World News
    • Politics
    • Stock
    • Investing
    • Editor’s Pick

    Read alsox

    5 Small-cap Biotech ETFs to Watch

    May 21, 2025

    When Does Speech Threaten Officials? From Washington, a...

    February 21, 2025

    What Is the American Libertarian Movement?

    February 27, 2025