Tax loophole costs billions

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Tax loophole costs billions

Postby gremlin » Sat Apr 28, 2012 7:38 am

are there any questions as to what illegals are starting to cost us.


Millions of illegal immigrants are getting a bigger tax refund than you. Eyewitness News shows a massive tax loophole that provides billions of dollars in tax credits to undocumented workers and, in many cases, people who have never stepped foot in the United States. And you are paying for it!

http://www.wthr.com/story/17798210/tax- ... s-billions


Will lawmakers act to close tax loophole for illegal immigrants?
http://www.wthr.com/story/17861738/will ... immigrants

From Indiana to Capitol Hill, thousands of people are now weighing in on a WTHR investigation exposing a tax loophole worth billions for undocumented workers. But what, if anything, can be done about it?

INDIANAPOLIS - Congressman Dan Burton (R – Ind) is frustrated – very frustrated – after learning the details of an Eyewitness News investigation.

"Why in the world are we doing this?" he asked. "Are you kidding me? The cost to the American tax payer is huge!"

The veteran lawmaker is responding to what 13 Investigates discovered all across Indiana: illegal immigrants getting big tax refunds from the Internal Revenue Service thanks to a loophole in federal law.

MORE: Tax loophole costs billions

The loophole allows undocumented workers to collect what's called an additional child tax credit. The credit – up to $1,000 per child – can be claimed even by families who pay nothing in taxes, in many cases resulting in a cash payment from the IRS. It is intended for working families with children who live in the same home.

But a local tax preparer came to Eyewitness News to blow the whistle on millions of people who, he believes, are taking advantage of the system. He says many illegal immigrants are claiming the tax credit for children who've never lived in this country, and he showed 13 Investigates dozens of redacted tax returns to prove his point.
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Re: Tax loophole costs billions

Postby russau » Sat Apr 28, 2012 1:04 pm

maybe Indiana needs to take a lesson from the good people of Arizona!
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Re: Tax loophole costs billions

Postby gremlin » Sat Apr 28, 2012 2:51 pm

that is the IRS there calming the dependents from. not the state.
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Re: Tax loophole costs billions

Postby AuTSaurus » Sat Apr 28, 2012 10:44 pm

gremlin, I think Russ meant that Indiana needs to address their immigration problems in the same manner
that Arizona is trying to do it.

Greg
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Re: Tax loophole costs billions

Postby gremlin » Sun Apr 29, 2012 6:11 am

we are being hit by obama for doing just that. he does not like states passing bills to slow down the illegals in the states.

http://www.wthr.com/story/14443969/indi ... es-changes

Critics have compared Indiana's controversial immigration to Arizona's stringent law, but the Indiana bill has changed. That didn't stop some passionate debate at the Indiana Statehouse Thursday.

http://www.reuters.com/article/2011/02/ ... HN20110223
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Re: Tax loophole costs billions

Postby russau » Sun Apr 29, 2012 7:50 am

o wants the illegles vote! and the mexican vote! if you dont beleive that illegals vote,checkout Acorn and see how they drum up dead people to vote!thats the democratic way!
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Re: Tax loophole costs billions

Postby gremlin » Sun Apr 29, 2012 4:01 pm

been a lot of dead voters. i wonder if the locals figered it out yet. i check the books and make them take my grandpaw and mom off. they have not been around for a long time. i bet there pissed at me.
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Re: Tax loophole costs billions

Postby gremlin » Thu May 10, 2012 7:27 pm

wnd picked up the story and did a bit more checking.


Angry, resigned, helpless.”

That’s how one Northern California Internal Revenue Service employee described revelations that millions of illegal aliens are claiming and receiving billions of dollars in tax refunds for alleged family members in Mexico using a loophole in the tax code.

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www.safetysign.com/15%-OffKnowledge of the scam has grown following a report by Indianapolis television station, WTHR-TV. The report documented illegal aliens filing the IRS Additional Child Tax Credit form for children – often nieces and nephews – who have never lived in the United States. To legally qualify, a child must be present in the filer’s U.S. residence for over half the year.




http://www.wnd.com/2012/05/irs-field-ag ... orig=money
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