Will Illegal Immigrants Really Get A Huge Check From the IRS?

Whether you are for or against President Obama’s immigration plan, the fact that all the illegal immigrants in the country could file tax returns and claim refunds for the last three years, seems outrageous. However, according to the IRS, under the Earned Income Tax Credit, that is precisely what could happen. It doesn’t matter if a person has never even filed a return or reported any income.
Under the president’s plan an illegal immigrant could get a Social Security number, and then qualify for the Earned Income Credit for the last three years, thanks to a current IRS practice. That means even though someone who has only been in the country for a short time could actually claim money for three years just by acquiring a Social Security number and filing for the Earned Income Credit.
The country would literally be giving away billions of dollars in free money to people who are illegally living in the United States. However, according to reports, one U.S. lawmaker has already created a bill that would prevent undocumented workers from receiving this tax credit.
Representative Patrick McHenry is also concerned that the President’s actions could open the door to dozens of fraudulent returns and billions of dollars in lost tax revenue. He claims that any illegal worker in the U.S. that broke the law to get here should not receive benefits from the country’s tax system.
The Master Tailor | Panos Aristakessian
About “Peter” Panos Aristakessian As a young boy Peter attended on of the finest tailoring houses in Beirut Lebanon. Driven from the country due to genocide Peter eventually found himself living in San Francisco. With only a little more than $2 in his pocket he began knocking doors seeking to demonstrate his skill in…
Chatham Created Gems and Diamonds | Tom Chatham
About Carroll Chatham In the 1920’s, Carroll Chatham at the age of 12 built his first gem growing laboratory in his family’s garage. By 1938 he had mastered growing emeralds and went on to growing rubies, sapphires and other precious stones. In 1965, his son Tom Chatham joined him in business and was eventually…
Jump Gaming – Indie Gaming Platform
Transcript, Jump Gaming – Indie Gaming Platform | Anthony Palma Alan Welcome back. I’m here today with Anthony Palma. He’s the founder and the CEO of Jump. Anthony, welcome to today’s show. Anthony Thanks for having me, Alan. Alan So Anthony, for the listeners, can you give us the background of, you know how…
Applying Your Talents | Shirley Ross Davis
Interview Transcript of: Applying Your Talents | Shirley Ross Davis Shirley Ross Davis: “We all have talents, associate them and don’t be afraid. I was never schooled in cooking or interior decorating or art- but I was a good cook, What did I do? I looked at Escoffier and saw common denominators and I…