Aug 7, 2014

For Those Who Believe That Illegal Immigrants Will Bankrupt Social Security

     From VICE News:
Unauthorized workers are paying an estimated $13 billion a year in social security taxes and only getting around $1 billion back, according to a senior government statistician.
Stephen Goss, the chief actuary of the Social Security Administration (SSA), told VICE News that an estimated 7 million people are currently working in the US illegally. Of those, he estimates that about 3.1 million are using fake or expired social security numbers, yet also paying automatic payroll taxes. Goss believes that these workers pay an annual net contribution of $12 billion to the Social Security Trust Fund.
The SSA estimates that unauthorized workers have paid a whopping $100 billion into the fund over the past decade. Yet as these people are in the US illegally, it is unlikely that they will be able to benefit from their contributions later in life.

3 comments:

Anonymous said...

Does the article's content includes
SSI? If not social security,what about state resources?

My main concern is the NEWLY undocumented,illegal children.

NOT DREAMERS,which is a different matter which i do support legislation being passed establishing citizenship

Anonymous said...

Does the article's content includes
SSI? If not social security,what about state resources?

My main concern is the NEWLY undocumented,illegal children.

NOT DREAMERS,which is a different matter which i do support legislation being passed establishing citizenship

DiamondDenisa said...

Brilliant piece of information.