May 2025
Msn recently published an article featuring Mark Williams, Master Lecturer of Finance, discussing how President Trump’s proposed immigration policies, including mass deportations and sharp reductions in legal immigration, could severely damage Massachusetts’ economy.
Williams, alongside Pioneer Institute’s Josh Bedi, estimates that these policies could result in a $1 billion loss in tax revenue and a $12.8 billion drop in GDP in 2025 alone, with those figures likely to double by 2028. Their analysis highlights how immigrants—legal or not—are vital to the state’s economic engine: driving productivity, filling critical labor shortages (especially in STEM fields), and fueling entrepreneurship and job creation.
“Both groups combined not only provide population growth, which we need within our U.S. population. They also provide growth within our labor supply and also with regard to needing certain jobs specifically for our economy,” Williams adds.
Massachusetts’ dependence on immigrant talent makes it especially vulnerable, with researchers urging immigration reform to reduce barriers and keep the state economically competitive.
