View Single Post
Old 03-31-2017, 12:38 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by woj View Post
your line of reasoning would be true under capitalism... under socialism however it's not...


imagine country has 10 people each making $10 = $100 total
50% gets paid in taxes, so government gets $50 for various gov services

now 1 person that is happy to work for $5 immigrates to your country
he replaces 1 of the 10 people that were productively employed, so now total = $95
producers are happy, cause now they pay $95 instead of $100
consumers are happy, cause it drives down the cost of goods, etc

BUT government (tax payers) is not happy, cause now they get $47.50 instead of $50
AND they have to feed the person that got replaced by the immigrant at lets say cost of $5, so government (tax payers) are left with only $42.50

... but $42.50 is not enough, so gov services need to be cut or taxes raised....


so immigration only works well under capitalism, under socialism the net result is certainly debatable, but likely negative like described in the simplified example above...
Most migrants don't contribute financially, one only has to look at where they live. In a country like the UK where there are benefits for low wages, housing, children, unemployment, etc. The cost of migrants far outweighs the benefits. Unless you're a boss or landlord, then it's a license to rip off the Government.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote