To: Bonefish who wrote (1140272 ) 6/8/2019 10:59:08 AM From: Wharf Rat Read Replies (2) | Respond to "you're OK with illegal immigration costing us $Billions.."The Congressional Budget Office reported in 2007 that "the tax revenues that unauthorized immigrants generate for state and local governments do not offset the total cost of services provided to them" but "in aggregate and over the long term, tax revenues of all types generated by immigrants—both legal and unauthorized—exceed the cost of the services they use." [8] .....Congressional Budget Office found that "over the past two decades, most efforts to estimate the fiscal impact of immigration in the United States have concluded that, in aggregate and over the long term, tax revenues of all types generated by immigrants—both legal and unauthorized—exceed the cost of the services they use." While the overall fiscal impact on the US is beneficial, unauthorized immigrants have an adverse impact on the budgets of state and local governments. While cautioning that the reports are not a suitable basis for developing an aggregate national effect across all states, they concluded that: [8] [8] Research reviewed by the nonpartisan Congressional Budget Office indicates that between 50 percent and 75 percent of unauthorized immigrants pay federal, state, and local taxes. [8] Illegal immigrants are estimated to pay in about $7 billion per year into Social Security. [20] In addition, they spend millions of dollars per year, which supports the US economy and helps to create new jobs. The Texas State Comptroller reported in 2006 that the 1.4 million unauthorized immigrants in Texas added almost $18 billion to the gross state product, and contributed $1.6 billion in state revenue, while costing the state about $1.2 billion in services used. [21] [22] Undocumented immigrants pay social security payroll taxes but are not eligible for benefits. During 2006, Standard & Poor's analysts wrote: "Each year, for example, the U.S. Social Security Administration maintains roughly $6 billion to $7 billion of Social Security contributions in an "earnings suspense file"—an account for W-2 tax forms that cannot be matched to the correct Social Security number. The vast majority of these numbers are attributable to undocumented workers who will never claim their benefits. For 2010, the Social Security Administration estimated that undocumented immigrants and their employers paid $13 billion in required social security payroll taxes. [23] [24] When Social Security numbers are already in use; names do not match the numbers or the numbers are fake, or the person of record is too old, young, dead etc., the earnings reported to the Social Security Agency are put in an Earnings Suspense file. The Social Security spends about $100 million a year and corrects all but about 2% of these. From tax years 1937 through 2003 the ESF had accumulated about 255 million mismatched wage reports, representing $520 billion in wages and about $75 billion in employment taxes paid into the over $1.5 trillion in the Social Security Trust funds. As of October 2005, approximately 8.8 million wage reports, representing $57.8 billion in wages remained unresolved in the suspense file for tax year 2003. [24] [25] Many require remedial assistance in language skills, which increases costs to the public schools. During April 2006, Standard & Poor's analysts wrote: "Local school districts are estimated to educate 1.8 million undocumented children. At an average annual cost of $7,500 (averages vary by jurisdiction) per student, the cost of providing education to these children is about $11.2 billion." Other estimates of the costs to educate undocumented children and US-born children of unauthorized immigrants reached $30 billion in 2009. [26] en.wikipedia.org
