On Tue, 14 Aug 2007 09:22:50 -0500, Vic Smith wrote:
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 workerÂ’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
You have to be joking. I posted a link to an article from Knight Ridder. That's an "BS article from an Un-
American (IMO) right-wing, neocon/Wall Street funded organization?" Oh well, you can read the same
fact I quoted he
http://www.azcentral.com/arizonarepu...mmigpay10.html
Or he
http://www.immigrationforum.org/Desk...aspx?tabid=724
Oh, and just to clarify, yes, the $57.8 billion you mention above is wages, but that is only for *one* year.
The total Earnings Suspense File is somewhere between $500 and $600 billion. Now, if you take the
roughly 10% devoted to SS, you get the $50 billion in my original post.