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Trump Could Pay for Wall by Closing Tax Loophole
Lifezette ^ | Updated 16 Jan 2017 at 8:06 AM | Brendan Kirby

Posted on 01/16/2017 8:26:42 AM PST by upchuck

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To: faucetman

Probably lost like that $6 billion the State Dept. misplaced.


21 posted on 01/16/2017 11:44:16 AM PST by xp38
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To: tumblindice

What we have been doing is astounding.

Essentially we let illegals file for taxes here claiming so many often fictional dependents back home in Mexico (or wherever) that we “owe” and pay them massive EITC payments.

If Trump succeeds in getting the country turned around, he will have done so just in the nick of time.


22 posted on 01/16/2017 11:54:40 AM PST by 9YearLurker
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To: Lurkinanloomin
We are being bled dry by illegal aliens claiming child tax credits,

A while back, an employer up in Oregon told me most of his Mexican workers enter eight dependents on their W-4 (say you have nine and the IRS asks for proof). That means that it is mostly SS that get deducted, with little, if any, income tax deducted.

23 posted on 01/16/2017 3:02:50 PM PST by Oatka
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To: Lurkinanloomin
We are being bled dry by illegal aliens claiming child tax credits, some for dependents that may not exist or are in Mexico.

One year I remember reading the IRS sent out $42 billion worth of checks to illegal aliens, some 200 to the same address in Atlanta.

A citizen claiming this tax credit must produce a birth certificate and social security number for any child claimed. Illegal aliens are not required to provide any documentation. They are on the honor system.

24 posted on 01/16/2017 4:44:21 PM PST by etcb
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