On Tue, 14 Aug 2007 12:52:00 -0000, thunder
wrote:
On Tue, 14 Aug 2007 07:04:49 -0500, Vic Smith wrote:
Those Social Security taxes are helping to keep Social Security afloat.
It's estimated illegals account for $50 billion or 10% of the Social
Security surplus.
http://www.reason.org/commentaries/d...20060501.shtml
More BS from another wacko organization. No facts. Just BS that fits
their agenda.
--Vic
Sorry it doesn't fit your preconceived notions, but the "Earnings Suspense File" is well documented. Do a
search on it.
Yeah, so are UFO's.
You're posting the BS. Do it yourself if it's so well documented.
Oh, hell, since you pulled the term out of some dark place, I'll do it
for you:
http://www.ssa.gov/legislation/testimony_021606.html
"For TY 2003, using computer routines we were able to post more than
half of all W-2s received with invalid name/SSN combinations to the
correct SSN. The balance, 4.1 percent of total W-2s received for TY
2003, was initially recorded in the suspense file. As of October,
2005, approximately 8.8 million W-2s (3.7 percent of the total)
representing $57.8 billion in wages remained in the suspense file for
TY 2003.
Subsequent processing reduces this amount further. SSA removes wage
items from the suspense file on an ongoing basis and posts them to the
correct worker’s record. Reinstatements can occur when a worker
provides evidence of missing wages after reviewing the Security
Statement. Over time, the percentage of W-2s for a given year or
period of years that remain in the suspense file declines as a result
of this subsequent processing. Historically, approximately 2 percent
of all wage items for a given year remain in the suspense file."
Though there is mention of illegals later in the testimony, there is
no tying of any dollar amount or percentage to illegals anywhere in
the testimony.
The 57.8 billion mentioned above is *wages,* not SS income.
A shock to you, I suppose. Totally contradicts your numbers/pcts.
Besides that using the term "surplus" is a deceitful way to get an
already bogus number to 10%, since the surplus itself only reflects
10% of SS receipts.
It would be honest to just say that about one tenth of one percent of
SS receipts is in suspense, and some of that is no doubt from
illegals, but then perhaps nobody would pay attention.
In short, you are propagating BS.
Why somebody would post a BS article from an Un-American (IMO)
right-wing, neocon/Wall Street funded organization and expect not to
be called on it is beyond me.
But you've been called, and I've posted the facts.
Check the bona fides of your sources next time, and use the brain the
Good Lord gave you instead of repeating trash talk, and accusing
others of "preconceived notions."
BTW, my wife and two of my kids are naturalized U.S. citizens, all
done legally after getting in line. So don't even effing think about
calling me a racist or anti-immigrant, as is the wont of many of these
lame-assed open-border advocates when somebody disagrees with their
radical neocon ideas.
--Vic