now ... let's hear from WTF the idiot on this shall we ? he's already been proven wrong about fake ssn's actually contributing to fed tax base, now let's see what he says about his own biz??
Originally Posted by The_Waco_Kid
Really?????
https://www.seattletimes.com/nation-...-wont-benefit/
While many Americans believe illegal immigrants don’t pay taxes, billions of dollars deducted from paychecks issued to undocumented workers flow to the Social Security Administration (SSA) every year. Those workers almost certainly will never see that money again.
Social Security officials keep a record of wages that do not match up with real names and numbers in their system. The record is called the earnings suspense file.
In 2009, the last year for which figures are available, employers reported wages of $72.8 billion for 7.7 million workers who could not be matched to legal Social Security numbers.
That total hit a record $90.4 billion, earned by 10.8 million workers, in 2007, just before the recession. Some of those were legal workers who simply made paperwork mistakes, but the majority are believed to be illegal immigrants.
Because those wages were reported by employers and not paid under the table, Social Security and Medicare deductions had to be made. A total of 12.4 percent of those wages went into the SSA system — 6.2 percent paid each by the worker and the employer. An additional 2.9 percent was paid into Medicare, half by the worker and half by the employer.
That means about $11.2 billion went into the Social Security Trust Fund in 2007, and $2.6 billion went into Medicare. While that money will be used to pay retirees and health-care beneficiaries, it most likely will never be claimed by the illegal immigrants who contributed it.
Since the 2010 passage of a payroll-tax cut — which Congress on Friday extended through February — workers have paid 4.2 percent to Social Security instead of 6.2 percent.
“When you hear people voicing anti-immigrant sentiments, one of the first things they say is, ‘They don’t pay any taxes, and they just take money out of the system,’ ” said Jeannie Economos of the Farmworker Association Florida, based in Apopka, Fla. “But that just isn’t true. Yes, some are paid under the table, but the majority are paid by check, and they pay taxes out of those checks.”
For many employers, the move away from paying undocumented workers under the table came in 1986. That was the year President Reagan signed an amnesty that legalized the status of about 2.8 million illegal immigrants. But part of that law — the Immigration Reform and Control Act — requires that employers demand proof that a worker has a legal right to work in the U.S.
Employers are obligated to ask for a Social Security number, but they don’t have to confirm it is real. That has led to the printing of millions of false Social Security cards sold to newly arrived illegal immigrants.
