Wednesday, April 16, 2008

Increasing Illegal Immigration = Fiscal Responsibility

Immigrants are great for the federal balance sheet. Why? They don't file for tax returns but have taxes withheld.

Illegal immigrants are paying taxes to Uncle Sam, experts agree. Just how much they pay is hard to determine because the federal government doesn't fully tally it.

But the latest figures available indicate it will amount to billions of dollars in federal income, Social Security and Medicare taxes this year.

One rough estimate puts the amount of Social Security taxes alone at around $9 billion per year.

Paycheck withholding collects much of the federal tax from illegal workers, just as it does for legal workers.

The Internal Revenue Service doesn't track a worker's immigration status, yet many illegal immigrants fearful of deportation won't risk the government attention that will come from filing a return, even if they might qualify for a refund. Economist William Ford of Middle Tennessee State University says there are no firm figures on how many such taxpayers there are.

"The real question is how many of them pay more than they owe. There are undoubtedly hundreds of thousands of people in that situation," Ford said.

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2 Comments:

Blogger DinTN said...

The taxes paid in to fake stolen Social Security accounts [yoours perhaps?] and ITN's in no way covers the cost to legal tax paying citizens to cover the cost of those 300,000 anchor babies dropped in the U.S. each year, free medical care and food stamps to those jackpot babies, which by the way are "second hand" benefits to the illegal parent, the cost of jailing or deporting criminal invaders, etc.
According to the Center for Immigration Studies, they use far more in services than they might happen to pay into Social Security or pay in federal taxes. The center, citing 2002 data, estimated that taxes paid minus services used was $10.4 billion.

Anyone who thinks illegal invaders should collect taxes paid to S.S. condones identity theft!

April 19, 2008 at 2:07 PM  
Blogger DinTN said...

This comment has been removed by the author.

April 19, 2008 at 2:07 PM  

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