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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 |
#2
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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. |
#3
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On Tue, 14 Aug 2007 15:11:44 -0000, thunder
wrote: 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 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. Your original link is at the top. That is the original source. It deceived you into this little argument with its probably intentional conflating of revenue and wages. I already recommended that you check your sources and math. Let me be more clear. Don't believe everything you read on the internet, no matter how you linked to it. Even if it's from a boater. I won't walk you through it, but you can easily find who is behind the Reason Foundation. You may agree with them. I don't. As to your new cites, the 2nd is a rehash of the first, which has nothing to support your claim. As to your "clarification," you are appling and oranging. You want to apply multiple year suspense wages against one year of surplus in order to reach your mythical 10%. It won't fly, and is blatantly dishonest. I don't think you're stupid, and I don't know your motives. But I'm out of this conversation, just because you're starting to **** me off. --Vic |
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