The Trump administration has sent mixed signals on whether it intends to honor the Deferred Action for Childhood Arrivals (DACA) executive order in the long term. A decision not to honor it could cost New Jersey some serious cash — $66 million in state and local taxes, according to a new report by the Institute on Taxation and Economic Policy.
That annual contribution, from New Jersey’s DACA-eligible young immigrants, would increase by $27 million under comprehensive immigration reform. But it would drop by $21 million if DACA protections were lost.
Among the 10 states with the largest DACA-eligible populations, New Jersey has the lowest application rate: Once the rate picks up, tax contributions from these young immigrants would rise.