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Jul 12, 2013 10:02 PM by Jesse Cohen

Study: Immigration changes will help Colo. revenue

DENVER (AP) - An analysis by the Institute on Taxation and Economic Policy says Colorado would gain almost $43 million in tax revenue if undocumented immigrants in the state were allowed to work legally.

The institute says undocumented immigrants already are paying more than an estimated $152 million annually in state and local taxes, including sales tax and property taxes as renters or homeowners. Some also pay income taxes.

It estimates that if undocumented immigrants could work in Colorado legally, the state would gain $6.6 million more in personal income taxes, $1.4 million in property taxes, and $35 million more in sales and excise taxes.

The institute used population estimates from the Pew Hispanic Center, income estimates from the U.S. Census Bureau, and its own computer model for its figures

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