Billions of dollars in tax refunds will go to all the illegals just given amnesty by Barack Obama. It was confirmed by IRS Commissioner John Koskinen Tuesday during the Senate hearings.
These are extra ‘refunds’ for money earned illegally while they were here illegally. It is being done through the Earned Income Tax Credit.
The Credit is another form of welfare in which money is redistributed to low income workers from higher-paid workers. Some get back more money than they put in.
These particular illegals are to be given Social Security numbers and with that, they can collect the Earned Income Tax Credit. They actually get paid by taxpayers for not making enough money. It was meant for our poor citizens, not them.
Obama’s amnesty allows this according to the IRS interpretation of the law.
The illegals have to have filed returns but it does go back retroactively.
This is being done while Americans are unable to find work and more than 92 million are out of the workforce.
“This is the problem you get into,” said Sen. Charles E. Grassley, an Iowa Republican. “The IRS’s interpretation of the EITC eligibility requirements undermines congressional policy for not rewarding those working illegally in the United States.”
Mr. Grassley asked Mr. Koskinen to go back and revisit his agency’s interpretation of the laws.
Don’t expect any changes. Mr. Obama wants to invite illegal immigration.
It is currently unknown how many billions of dollars will be handed out.
In 2010, the IRS paid out $4.2 billion to illegals who claimed a child tax credit.
Information from America’s Newsroom, Fox News