Monday, February 9, 2015

Obama's Amnesty Fraud: IRS EITC Refunds To Illegals

mmigration: Aliens granted executive amnesty by President Obama will be eligible for tax credits for the years they worked here illegally. But wasn't amnesty supposed to benefit the economy and not drain the U.S. Treasury?
Subverting the Constitution to grant millions of illegal aliens work permits and freedom from deportation apparently isn't enough for the Obama administration. It now intends, through the Internal Revenue Service, to subvert the tax code to let these illegals collect billions in retroactive Earned Income Tax Credit (EITC) payments.
IRS Commissioner John Koskinen, an unindicted co-conspirator in the cover-up of the IRS Tea Party targeting by Lois Lerner, confirmed Tuesday in a hearing before the Senate Finance Committee that an illegal alien who filed tax returns using Individual Taxpayer Identification Numbers (ITINs) will be eligible to amend the returns for the three prior years to collect the EITC once he or she obtains a valid Social Security number.
The IRS requires everyone employed in the U.S., whether here legally or not, to file tax returns. Since illegals aren't supposed to have a Social Security number, the IRIS created the ITIN, a nine-digit number for them to file under.
By statute, ITIN filers aren't eligible for the EITC. But they've been able to collect billions of dollars through the Additional Child Tax Credit, which presumably is why they've been bothering to file returns. The ACTC is a fully refundable credit of up to $1,000 per child to help working families who have children at home.
Read the rest of the story HERE.

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