Trump may get tax cut bill with more generous credits for illegal immigrants

The Washington Times ^ | December 10, 2017 | S.A. Miller

[4Runner]

President Trump has been willing to accept almost anything to close the deal on his giant tax cut bill before Christmas, including staying mum about a measure that would allow illegal immigrants to pocket the more generous child tax credit included in the package.

Illegal immigrants have been collecting the payoff from the “refundable” tax credit for years because of an IRS interpretation of how the rule was drafted. The Republican-controlled Congress this fall had a chance to correct that in the tax code overhaul that in the Senate version doubled the child tax credit to $2,000 and expanded eligibility.

[SkyPilot]

My taxes are going up (either with the House or the Senate version).

Many of my deductions are being made illegal and destroyed.

But glad I can pay more to help out the Illegal Invaders.

Thanks GOPe.

I wish Trump would not sign this, but he will sign anything that gets to his desk as the article pointed out.

The owner of the NY Yankees is Randy Levine. He worked in the Reagan Administration, and was Rudy Giuliani's deputy mayor. He is also a long time close friend and supporter of Donald Trump.

And Levine is telling Trump this Tax Bill is a piece of garbage.

Yankees boss calls Trump tax plan a ‘swamp deal’

The Wall Street Journal reported that Trump called Levine after Levine had written this open letter to Newsmax:

Mr. President, the Tax Plan Needs a Big Fix!

I encourage everyone to read that letter.

Republican leadership in Congress has disappointed you time and time again. Now your good intentions on tax cuts are following the same path. The plans on the table are not middle-class tax cuts. They may not even be tax cuts at all. When you ran and won, you ran on draining the swamp, not giving new life to it. You ran on tax cuts, not on the swamp's idea of tax reform where special interests win. This is a plan that helps Wall Street, hedge funds, private equity managers, real estate and oil and gas partnerships and individuals who disguise income as profits or distributions.

It is wrong to eliminate or limit property tax, mortgage and interest deductions. Hardworking people have relied on them for years, this is how they afford to buy homes and build nest eggs in the equity of their homes. These proposals erode that equity, equity countless numbers of Americans rely on for retirement. These current bills will be extremely harmful to those who live in the suburbs and small towns. Similarly, the removal of the state and local tax deduction is a de facto tax increase for tens of millions of Americans. The argument that other states should not subsidize big government states is a complete red herring. For example, our state, New York, sends much more money to Washington than it receives back. In other words, states like New York, New Jersey and California are subsidizing other states, allowing them to lower state and local taxes or have none at all. If we eliminate state and local taxes, then a comparable law should be enacted that all 50 states pay the federal government the same amount of money.

The Washington Post further reported that Trump has been "listening" to other wealthy friends who are telling him that the bills that Mnuchin, Cohn, Ryan, and McConnell wrote and rammed through are horrible for many Americans.

I think Trump will listen, but he can't roll back the worst of these bills. The core structure of both bills is to redistribute $1.5 Trillion in taxes from corporations to individuals (middle and upper middle class).

You would have to burn both bills down and start completely over, which they are never going to do.

[SkyPilot]

The bill still has to go to conference. Call, email, tweet your Congressman now.

Respectfully, I doubt that will do any good.

I called and e-mailed my Congressman before, during, and after the votes on the floor to pass the bills.

He didn't respond to the inquiries, and his voice mail box said it was full (time and time again). When his staff finally did respond to further inquiries, it was a crappy form letter telling us thanks for our concern, and he had delivered a "great bill" to the American people.

[TheStickman]

Your FUD is noted.

Pro-Trump agenda candidates will do very well in 2018.

I believe President Trump will also be re-elected in 2020 by a larger margin than he beat Cankles.

[Ann Archy]

NO!!! NO MORE MONEY TO ILLEGALS!!!

[Paine in the Neck]

If you don't
stop giving prizes
they won't stop coming.

[Scotswife]

My pain was temporarily postponed when they bumped the CTC to $2k and increased eligible age to 18.(making 1 of my kids eligible for 1 more year)
After that it’s a game of whack-a-mole.
Plus - under the old system, personal/dependent exemptions increased by $50 per yr per person.
Somehow I doubt the new standard deduction will reflect the loss of that protection.

[i_robot73]

>Nixon never dreamed it would be paid to illegals.

R-I-G-H-T. The law of unintended consequences NEVER existed before EITC. “I’ll have those N* voting (D) for 200 yrs”...

Believing some are entitled to the fruits of another was bad enough. *IF* he thought this way, he was in office WAY too long to begin.

[i_robot73]

>
Re: “It is not possible to be pure.”

Only for Conservative coalitions.

The Democrats achieve political purity all the time...

ObamaCare.

Non-enforcement of immigration laws.

100% Pure Left Supreme Court appointments since 1962.

Close to 100% Leftist Purity in education, government jobs, and every major news organization.

I can list 20 more examples off the top of my head, if you are interested.
>

TY.

I love this reasoning. IOW: “It’s not possible...to adhere and follow the Constitution.”. Come ‘18, they will UN-apologetically, and w/o shame, run on tax cuts, illegals, the wall, debt/deficit.

Yet, these sheeple have little to no compunction to pull the lever for the same critter year after year.

Party over politics. Politics over principles.

[liberalh8ter]

Now I’m confused....earlier I saw a headline stating the credit illegals have been using and abusing would be removed.

[redgolum]

My taxes are going up.

Most peoples taxes are going up.

Ryan is talking about cutting SS and Medicare benefits to “pay” for the tax cuts to corporations.

How do you think that is going to play in the 2018 elections?

The GOP has a great talent of wasting away opportunities.

[tinamina]

I know what you mean. It is very disheartening to realize that these Congress people do not care what we think. They don’t even try to show they care anymore.

[i_robot73]

>
“....because of an IRS interpretation of how the rule was drafted.”
>

Yep, but will *never* happen.

When was the last time ‘void for vagueness’ was issued by a court?

Can’t have a legislative turn-style if bills/laws were concise\precise (law > courts > decree > repeat). Course, the courts no longer care about the verbiage (O’Care comes to mind....fee is a fine is a tax. “State run” exchanges != State run)

Oh, hell, the whole system’s farked anyway...

[moehoward]

Yeah. I don’t know but this “interpretation” probably started back during W’s reign of ‘compassionate conservatism’.

It’ll be easy enough to re-interpret.

And, yes, of course the usual suspects will file suit.

[Dave W]

Most people’s taxes are not going up. That is fake news.