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Learn More.pdf

powerofthepurse.pdf
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🔗 Source: unidosus.org
📊 Size: 716 KB
📄 Pages: 38 pages
⬇️ Downloads: 37

Summary

Hispanics contribute significantly to the US economy, with 56.5 million Hispanics living in the US, making up 17.6% of the total population. In 2015, Hispanic households had an estimated after-tax income of $687.8 billion, equivalent to almost one out of every 10 dollars of disposable income in the US. They contributed $215 billion to US tax revenues, including $76 billion in state and local tax payments, with foreign-born Hispanics contributing $96.9 billion in tax revenues. Hispanics also play a crucial role in sustaining America's Medicare and Social Security programs, contributing $101.8 billion to Social Security and $25.3 billion to Medicare's core trust fund in 2015. Additionally, Hispanic business owners provide valuable employment opportunities, with businesses having majority Hispanic ownership providing almost 2.7 million jobs to US workers in 2012.

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Description

Hispanics contribute significantly to the US economy, with 56.5 million Hispanics living in the US, making up 17.6% of the total population.

Technical Information

  • File Format: PDF
  • File Size: 716 KB
  • Pages: 38
  • Language: EN
  • Total Downloads: 37
  • Last Updated: 1 month ago

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This PDF document about Learn more provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Learn more.

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