Those who believe that illegal immigrants come to this country to steal your job and sleep with your wives when they are supposed to be cleaning the pool will be shocked to learn they have a positive effect on your retirement security. A recent study conducted by the Social Security Administration found that illegal immigrants contribute a net gain in the Social Security Trust Fund through their contributions to the Payroll Tax.
Senator, and water gulper, Mark Rubio requested the study as part of his new approach to Immigration Reform now ping-ponging around congress. The analysis described that illegal immigrants who pay Payroll Taxes contribute to the Trust Fund that doles out money to insured citizens who are currently retired and disabled. These same illegal immigrants are unlikely to become insured themselves for lack of a matching or legitimate Social Security Number, thus they will be unable to collect benefits from the system. The study found that of the $13 billion illegal immigrants contributed in 2010 only about $1 billion was paid out to insured citizens that were once illegal residents.
Further, illegal immigrant increases the population of natural born citizens when immigrants give birth inside the US. This increases the eventual tax base benefiting those that will retire in the future. This might be a stereotype but let’s face it these border jumpers breed like rabbits on ecstasy. I’m going to start looking at condos in Florida.