Captain Obvious
02-13-2015, 12:15 PM
Phones? Hell, here's some cash.
Thank you for your support.
http://www.foxnews.com/politics/2015/02/13/pols-warn-obama-actions-could-let-illegal-immigrants-who-paid-no-taxes-get-govt/
Lawmakers are warning that President Obama's immigration executive actions could open the door for millions of illegal immigrants to qualify for hefty tax "credits" regardless of whether they've filed or paid taxes in the past.
All they need is a Social Security number.
Obama's November announcement paves the way for up to 4 million illegal immigrants to obtain Social Security numbers and work permits. After some initial confusion, IRS Commissioner John Koskinen told Congress this week that this would make them eligible for what's known as the Earned Income Tax Credit (EITC) providing they've been working.
"If you get a Social Security number, you can then file for this year if you're working, and if you earned income in the three years before that and filed, you'll be eligible," Koskinen told a House oversight committee hearing.
Further, he said, they would likely be able to get that credit even if they hadn't filed for three years. According to some estimates, the tax credit combined with others could add up to billions over the next decade.
http://media.giphy.com/media/1jQhFdU2XHYD6/giphy.gif
Thank you for your support.
http://www.foxnews.com/politics/2015/02/13/pols-warn-obama-actions-could-let-illegal-immigrants-who-paid-no-taxes-get-govt/
Lawmakers are warning that President Obama's immigration executive actions could open the door for millions of illegal immigrants to qualify for hefty tax "credits" regardless of whether they've filed or paid taxes in the past.
All they need is a Social Security number.
Obama's November announcement paves the way for up to 4 million illegal immigrants to obtain Social Security numbers and work permits. After some initial confusion, IRS Commissioner John Koskinen told Congress this week that this would make them eligible for what's known as the Earned Income Tax Credit (EITC) providing they've been working.
"If you get a Social Security number, you can then file for this year if you're working, and if you earned income in the three years before that and filed, you'll be eligible," Koskinen told a House oversight committee hearing.
Further, he said, they would likely be able to get that credit even if they hadn't filed for three years. According to some estimates, the tax credit combined with others could add up to billions over the next decade.
http://media.giphy.com/media/1jQhFdU2XHYD6/giphy.gif