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.
Life of a Leader | Richard King
About Richard King Richard King served as the World President of Rotary International from 2001-2002, supervising the work of 350,000 members in 163 countries around the world. During his tenure, Rotary has it’s greatest one-year growth record in its history, with an increase on some 75,000 new members and a new Rotary club formed…
Building Barriers of Entry | Alfred Mandel
About Alfred Mandel Alfred Mandel has been an entrepreneur since his teens and has over thirty years experience in technology businesses, Steve Beals notably at Apple Computer and Redgate Communications. He co-founded and ran Tenex Medical Investors, which become this country’s largest angel investor group for the health and life sciences. In its eight years…
Standing Firm | Lily Mei
About Lily Mei For over 20 years, Lily Mei and her family have proudly called Fremont home choosing our city for its family-friendly environment. Lily is both proud to be a contributor to the growing success of Fremont’s public education system and be a proud parent of two current students. Interview Transcript: Lily…