Tag: Social Security

Immigrants’ Taxes Help Save the Social Security System

Written by on April 15, 2019 in Economics, Tax Contributions with 0 Comments
Immigrants’ Taxes Help Save the Social Security System

The survival of the nation’s Social Security system depends upon the taxes paid by each new generation of workers. As older workers enter retirement and draw upon Social Security, the continued tax payments of younger workers keep the system solvent and ensure that it will still be there when they, too, reach retirement age. In […]

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Ending DACA Comes With Costs to Business and Government

Written by on December 19, 2016 in DACA/DAPA, Economics with 0 Comments
Ending DACA Comes With Costs to Business and Government

In June of 2012, President Obama used his authority to provide protection from deportation and work authorization to certain undocumented immigrants brought to the U.S. as children. In the ensuing four years, the Deferred Action for Childhood Arrivals (DACA) program has proven enormously successful for the 740,000 individuals who have benefited from the initiative. Removal […]

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What Everybody Ought to Know About Undocumented Immigrants and Taxes

Written by on April 5, 2016 in Economics, Tax Contributions with 1 Comment
What Everybody Ought to Know About Undocumented Immigrants and Taxes

Most Americans pay taxes dutifully with the hope that they will be put to the best uses possible—and with the knowledge they will one day collect benefits from those contributions. However, undocumented immigrants who pay their taxes each year know full-well they may never actually receive many of the benefits associated with their tax contributions, like social […]

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Senate Hearing Shows Deferred Action Programs are Beneficial to Social Security

Written by on February 5, 2015 in DACA/DAPA, Economics, Executive Action with 9 Comments
Senate Hearing Shows Deferred Action Programs are Beneficial to Social Security

The Senate Homeland Security committee on Wednesday held its first hearing about President Obama’s immigration executive actions. The hearing and the witnesses testifying focused on the “implications and unanswered questions” about the deportation relief offered to some undocumented immigrants included in the president’s actions. First, the Social Security Administration’s chief actuary, Stephen C. Goss, provided testimony […]

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Immigrants, Both Documented and Undocumented, Are Helping Save Medicare and Social Security

Written by on August 15, 2014 in Economics with 2 Comments
Immigrants, Both Documented and Undocumented, Are Helping Save Medicare and Social Security

A new report from the Partnership for the New American Economy and an analysis of Social Security data by MSNBC offer more evidence that immigrants, whether they are documented or undocumented, are major contributors to the economic well-being of major safety net programs. Because immigrants are generally younger and healthier than the native-born population, as […]

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Social Security Administration Says Immigration Reform Will Increase Tax Revenue, Boost Economy

Social Security Administration Says Immigration Reform Will Increase Tax Revenue, Boost Economy

Will the immigration reform bill create millions of jobs, boost GDP, and help balance the budget? A new report by the Social Security Administration says that it will, by putting undocumented immigrants on the tax rolls and allowing them to participate fully and legally in the U.S. economy.

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