Wednesday, April 30, 2014

War On Women

Illegals do better than American women.

The Office of the Chief Actuary published an analysis in April 2013 entitled, "Effects of Unauthorized Immigration on the Actuarial Status of the Social Security Trust Funds." It included this question and answer:
"Question: Of the unauthorized workers paying OASDI (Old-Age, Survivors, and Disability Insurance) taxes, what is the average level of earnings upon which the taxes are levied and how does that level compare with the broader U.S. labor force?
"Answer: We assume the average level of taxable earnings for these unauthorized workers equals about 80 percent of the average level for all workers. For 2010, we estimate this average level for these unauthorized workers to be about $34,000."
How many paid into and how many reaped the bennies? Its a crapshoot.
The Chief Actuary's analysis concluded there were a total 7 million unauthorized workers in the United States in 2010. It divided these unauthorized workers into two basic categories: 3.9 million who worked in what it called "the underground economy," and 3.1 million who misused Social Security Numbers to secure jobs for which their employers withheld taxes.
And the average American woman?
 The Census Bureau's historical income Table P-43 lists "Workers (Both Sexes Combined) by Median Earnings and Mean Earnings."
This table says that in 2010, American workers had mean earnings of $42,494. The $34,000 in average taxable earnings the Chief Actuary estimated for illegal aliens paying OASDI taxes does indeed equal 80 percent of that.
Meanwhile, the Census Bureau's Table P-42 lists "Workers by Mean Earnings and Sex." It says female workers in the United States in 2010 had mean earnings of $33,771 (in 2010 dollars).

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