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Report: Immigration reform would boost state’s tax revenues by $6M

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Posted: Wednesday, July 10, 2013 7:00 am

A study released Wednesday by the Institute on Taxation and Economic Policy says comprehensive immigration reform would increase New Mexico’s annual tax revenue by $6 million and national tax revenue by $2 billion.

Titled “Undocumented Immigrants’ State and Local Tax Contributions,” the report also shows that New Mexico’s estimated 85,000 undocumented immigrants paid $86 million in taxes during 2010. Nationally, undocumented people contributed $10.6 billion in state and local taxes during that year.

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