Figure 35

Immigrants and their children generated more tax revenue than costs every year

Immigrants and their children, benefits received and taxes paid with interest saved on the national debt, 1994–2023

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Sources: Calculations are based primarily on the Annual Social and Economic Supplements of the US Census Bureau’s Current Population Survey for March 1994–2023; and “National Data: National Income and Product Accounts,” Bureau of Economic Analysis, last revised September 2025. See Appendix for full details.

Note: All amounts are in inflation-adjusted 2024 dollars.