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[–]8thmonitor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (9 children)

I never said that Latinos are a drain on the economy. I said they are a fiscal burden like my source says. That means the tax revenue they generate for nation is less than the tax revenue they take from the nation. The total US GDP numbers vs. total US budget numbers is not the same. It makes 0 sense to compare them. You need to compare budget numbers for both like my citation.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

Your citation isn't backed up by any data.

[–]8thmonitor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (7 children)

It is backed up. All the sources are cited.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

Not seeing it.

[–]8thmonitor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

What don't you see? It is all included on bottom of page. https://web.archive.org/web/20220216230408/https://thealternativehypothesis.org/index.php/2020/03/19/fiscal-impact-by-race-in-2018/

US Government Revenue in 2018: https://www.usgovernmentrevenue.com/year_revenue_2018USbn_21bs1n#usgs302

US Government Spending in 2018: https://www.usgovernmentspending.com/year_spending_2018USbn_21bs2n#usgs302

Racial Distribution of Income Brackets: https://www.census.gov/data/tables/time-series/demo/income-poverty/cps-hinc/hinc-05.html

Tax Payment by Bracket: https://itep.org/who-pays-taxes-in-america-in-2018/

Income By Race and State: https://www.census.gov/search-results.html?q=median+income&page=1&stateGeo=none&searchtype=web&cssp=SERP

Medicare Usage by Race: https://www.kff.org/medicare/state-indicator/medicare-beneficiaries-by-raceethnicity/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D

Medicaid Usage by Race: https://www.kff.org/medicaid/state-indicator/medicaid-enrollment-by-raceethnicity/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D

Social Security Usage by Race in 2017: https://books.google.com/books?id=g8VWDwAAQBAJ&pg=RA10-PA2002&lpg=RA10-PA2002&dq=Social+Security+Recipients+by+Age,+Sex,+Race,+and+Hispanic+Origin+2017&source=bl&ots=6lrbUZJ7uP&sig=ACfU3U2S9AqC3gfhTwKl7577fpY8-_eXPQ&hl=en&sa=X&ved=2ahUKEwj73vKUu6boAhVeJDQIHVUtAiEQ6AEwBnoECAkQAQ#v=onepage&q=Social%20Security%20Recipients%20by%20Age%2C%20Sex%2C%20Race%2C%20and%20Hispanic%20Origin%202017&f=false

Cost of Living by State: https://worldpopulationreview.com/states/cost-of-living-index-by-state/

Percent White by State: https://www.governing.com/gov-data/census/state-minority-population-data-estimates.html

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

I'm sorry but this seems just to be a random offering of some unofficial (and to be fair) a couple of official data sources that are backing the png file you sent earlier? Trying to actually validate these sources is an exercise in futility, and it's why data at this level of granularity is so difficult to find and why so few people actually reference it to create arguments.

This is why I'm perfectly happy using the GDP and Social Safety net numbers I offered, because A) they're accurate, and B) show overwhelmingly that it would be impossible for a racial group that contributes 2 trillion dollars to the economy, yet only uses 1 trillion in aid, to be takers. (Sorry, op said " I know blacks and hispanics are overall costs on US " which is pretty much the same thing as saying "takers"... either way, hispanics are not "costs" on the economy, they're contributors.

[–]8thmonitor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

You are welcome to disprove the citation, but again- it doesn't matter how much hispanics put to the ECONOMY. they do not generate even 1 trillion in FISCAL TAX revenue. They take more in tax revenue than they give. That is what makes them a cost for the nation. You are comparing apples to oranges. GDP contribution is not even close to the same thing as federal tax revenue. Do you know that? The total US budget is not even 3 trillion unlike total 23 trillion economy.

It is 100% possible for a racial group to contribute more to the national economic measure than what they give national fiscal measure and still be leeches and costs for the nation. That is because they do not generate enough tax revenue. I never said hispanics are costs on the economy. I am not arguing if they are contributors for economy or not. No one here is arguing about GDP.

Do you even have a citation that hispanics generate more tax revenue than they take? Nope, GDP numbers do not prove anything.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Ok, fair enough. I don't believe the argument you're making is backed by legit data, but I don't have a problem speaking to the topic with research of my own, I just need a bit of time to look into it more.

[–]8thmonitor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I am also trying look more and especially into published studies. It is kind of hard because US government won't really provide easy evidence that a race is a fiscal burden or fiscal benefit. That is why it is up to independent researchers like Alt Hype.

Sometimes I am also skeptical of these kinds of calculations just because it is hard to follow, but it is better than nothing and still reasonable.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The issue is that neither race nor sex (nor ethnicity) is collected by the IRS. So the best people can do for the federal tax process is guess. There are some initiatives in congress to begin capturing it that data, but resistance is high.