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The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)

FROM LINK:”We generally knew that 47 percent of our population pays no income taxes whatsoever. However, we didn't know, and I suspect that very few of you know, how much of your tax money is actually given to non-taxpayers — in a lump sum, to do with as they please. Like most anti-poverty programs, the Earned Income Tax Credit when enacted in 1975 was supposed to be temporary. It was visualized as a tool to lift the working poor out of poverty. It was quickly made permanent and has been modified numerous times over the ensuing 36 years. In 2004, 20 million families received $36 billion. The flower children assume that was $36 billion spent on food, shelter, and health care. We who live in the real world know it was spent on big-screen television sets, 22-inch chrome wheels, and colorful tattoos. It was widely noted last week that those living below the poverty level in the U.S. tend to own cars, TVs, computers, cells phones, enjoy air-conditioning, and own video game consoles. The free money these folks receive from you and me is not counted for poverty level calculations. The typical 1040 would show an income of between $12,000 to $18,000 for the year. It was usually accompanied by one W-2 with the income earned almost always by a female. With other refundable credits listed, a “refund” would be claimed of between $6,000 and $9,000.
And these people believe that is their money; they have a right to it. I fielded a telephone query from a woman who didn't even say hello, but blurted, “I haven't got my taxes.” For an instant I thought she meant that she didn't have enough money to pay her taxes, but I quickly realized she was talking about her “refund.”
July 25, 2011 Among the Tax-takers

...... very few of us know, how much of our tax money is given away to non-taxpayers — in a lump sum, to do with as they please. The Earned Income Tax Credit was a temporary 1975 anti-poverty program----visualized as a tool to lift the working poor out of poverty. It was quickly made permanent and modified numerous times over the ensuing 36 years. In 2004, 20 million families received $36 billion EITC. Sap-happy liberals assume $36 billion was spent by desperately poor people on food, shelter, and health care. We, who live in the real world, know it was spent on big-screen TVs, 22" chrome wheels, colorful tattoos..... those living below the "poverty level" tend to own cars, TVs, computers, cell phones, air-conditioning, and pricey video game consoles. Free EITC money is not counted into "poverty level" calculations.............

REFERENCE Earned Income Tax Credit is available only to immigrant workers who obtain legal work status. But the law allows immigrants to claim EITC for up to three years prior to obtaining that status. Workers simply file a tax return for the years in which they were not legally eligible to work in the US.

The most widespread EITC abuse stems from the requirement that children live with the worker for more than six months of the year. IRS does little to verify the claim. Many immigrants claim non-existent children, or claim children who they’ve left behind with relatives. Those with two or more children and income below $32,121 could get as much as $4,008.

It is estimated that illegals got $22 billion EITC checks so far (could be more, much more)..and that's with one identity. Evidence shows illegals establish multiple identities to ride the US gravy train.

DON'T WORRY, THEY EAT WELL EBT food stamp cards are issued to illegal immigrants w/ children who are US citizens (anchor babies) who qualify for US benefits. The county can’t issue EBT cards directly to those under 18, so they are issued to the illegal head of household, instead.