Posted on 08/22/2012 4:53:47 PM PDT by Hunton Peck
Illegal immigrants could receive more than $7 billion this year in federal tax credits, according to one estimate, thanks to a loophole in the law that allows people not authorized to work to reap the government payments with no questions asked.
Sen. Jeff Sessions' office calculated that, based on recent trends, illegal immigrants could receive roughly $7.4 billion through a provision known as the Additional Child Tax Credit. That's more than quadruple what the payout was four years ago, but the payments have been steadily increasing over the past decade.
Though illegal immigrants are prohibited from receiving similar tax credits, a quirk in the law allows them to qualify for the child tax credit. And it's a "refundable" credit, meaning recipients can reap the money -- with average checks totaling about $1,800 -- even if they've paid no taxes.
An aide to Sessions, R-Ala., the top Republican on the Senate Budget Committee, said the issue is a "serious matter that deserves attention" and another sign of how "Washington is disconnected from reality."
Illegal immigrants can qualify because even people not authorized to work in the U.S. are...
(Excerpt) Read more at foxnews.com ...
Here’s the other thing you do, you tell H&R Block, JacksonHewitt and LibertyTax, you guys have six months to fix this fraud by the 2013 tax return season, or your top execs are going down on RICO charges.
Thanks to Harry Reid, illegal aliens will continue to receive IRS refunds
Harry regrets you have but one job to work to pay for illegals.
Sickening!
Many of those stores are already very busy with EBT fraud. 35 cents on the dollar to swipe the EBT card for imaginary products..... it’s very lucrative for all involved except the taxpayers.
How close would we be to balancing the budget if we got rid of the fraud and crony-capitalists deals?
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