• SMALL BUSINESSES COULD BENEFIT FROM IMMIGRATION REFORM- EXPERTS
  • 27-March

    Immigration reform has always been a debatable issue, as advocate communities, politicians and the experts argue over whether the Congress should grant lawful status to the 11 million unauthorized immigrants living in the United States of America. Even as this is going on, there is at least 1 group that has always remained in favor of taking action – the business class.

    Most experts agree that a comprehensive immigration reform, if ever it is passed, and the President’s executive action, if ever it is executed, would have a positive effect on the economy. For one, it could add billions to the G D P of the country over the next 2 decades while increasing the tax base and for the other, bringing down the federal deficit. The action could also bring more legal workers into the economy while helping to enhance the Social Security Trust Fund’s financial solvency.

    An expert on Fiscal Policy also agreed, saying that the immigration reform actions could only have a positive impact. He said that it would allow people to find better jobs that matched their talents and capabilities better and would also promote the staying in compliance with the law. Marginally small businesses could also benefit, transforming into stronger small businesses, which could have a beneficial impact on the local and national economies.