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Amnesty Beneficiaries Could Claim More Than $35K In Tax Benefits In First Year
Breitbart ^ | 2/26/15 | Breitbart

Posted on 02/26/2015 6:18:37 AM PST by illiac

Illegal immigrants who are able to obtain Social Security Numbers and work permits as a result of President Obama’s executive amnesty could claim tens of thousands of dollars in back tax benefits, a new Congressional Research Service memo obtained first by Breitbart News reveals.

The report comes following the Internal Revenue Service’s confirmation that once illegal immigrants are granted Social Security Numbers — as a result of Obama’s executive actions — they will be able to file back tax returns and obtain up to four years of tax benefits, including the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).

The new CRS report — dated Wednesday and requested to gauge the tax benefits an amnesty beneficiary could potentially accrue — looks at the amount of EITC and CTC for a hypothetical family from from 2011-2014.

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Culture/Society; Editorial; Foreign Affairs
KEYWORDS: amnesty; illegal; immigrants
And most of us will pay the bill....
1 posted on 02/26/2015 6:18:37 AM PST by illiac
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To: illiac

2 posted on 02/26/2015 6:19:06 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: illiac

It shouldn’t cost that much to buy a vote. /S


3 posted on 02/26/2015 6:21:49 AM PST by Pearls Before Swine
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To: Travis McGee

And his overloard, Soros, is paying off everyone to aloow him to do it. I bet if you checked every Congressman’s PAC funds and bank accounts the last 6 years you would find an incredulous growth in their wealth that could not be readily explained with a few exception; those that haven’t been for sale to the Beast...


4 posted on 02/26/2015 6:23:03 AM PST by jsanders2001
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To: illiac

“...and most of us will pay the bill...”

...and we’d all be paying for the biggest voter registration drive in all of history, in spades, gold-plated.

Thank you to all those brilliant, intellectual, Progressive voters out there for bringing their obnoxious, Red-October revolution to the United States.

(scu&bags one and all)

IMHO


5 posted on 02/26/2015 6:24:08 AM PST by ripley
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To: illiac

Meanwhile, my wife and I are saddled with an enormous tax bill, because we were hardworking Americans.

I’m seriously considering a job as a burger flipper. At least I could claim all manner of ridiculous tax credits and wind up getting money back. Working for a living in this country during this administration’s reign of terror has been the worst rollercoaster ride of my life.


6 posted on 02/26/2015 6:25:03 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: illiac

A little perspective on this:

The way this is reported might make you think Joe Alien is going to be handed a EITC check for $4000 and a CTC check for $1000 per kid. At which point he will go out and buy his new car. He’ll never actually see most of the money, but he WILL see his (back) taxes greatly reduced.

Child Tax Credit is non-refundable. You don’t get a check for $1000 per child; you just get your taxes reduced. The Additional CTC IS refundable, however, but gets offset by higher tax brackets.

In order to get EITC, you must have “earned” income - generally either a W-2 or Schedule C (Self Employed).

If you have a legit W-2, you’ll have had withholding; i.e., you’ve paid a boatload of money to the IRS already. So your NET will be EITC + CTC minus your withholding.

If you are self employed, your SE taxes will eat up any EITC you get. Ask any SE person.

So, the EITC/CTC will be available, but the illegal will not see the entire amount in his pocket.

Citizens, on the other hand, will see the full amount taken from our pockets.


7 posted on 02/26/2015 6:52:50 AM PST by Boojum
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To: illiac

Democrats buy votes.

They buy people.

But even by democrat corrupt “Chicago” standards $35,000 is a lot to pay. Guess the sky’s the limit when the little thieves are using our money for their payoffs.

Do we have to pay for their whores too?


8 posted on 02/26/2015 7:07:58 AM PST by GOPJ (How dare we act superior to beheaders, child rapists and those who burn men alive?)
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To: illiac

And our kids.. our kids kids.. and their kids kids kids...

It will be paid in worthless dollars or blood.. But sadly, the bill will come due.


9 posted on 02/26/2015 7:20:36 AM PST by cableguymn (We need a redneck in the white house....)
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To: All

"These Third World presidents, here with me in the WH today, agreed to send me
millions of new Democrat voters. In exchange, I will wire-transfer $35,000 per illegal
from the IRS to their Central American treasuries. "

10 posted on 02/26/2015 8:20:31 AM PST by Liz
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