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Jeanfromfillmore
03-14-2010, 02:26 PM
Fraud & abuse: earned income tax credit by unlawful immigrants
http://beforeitsnews.com/news/23571/Fraud_abuse:_earned_income_tax_credit_by_unlawful_ immigrants.html
[snip]Your U.S. Congress participates in and supports one of THE most fraudulent taxpayer abuse schemes ever concocted within the Federal Government. It’s time the administration put its foot down rather than allow millions of unlawful immigrants to step onto American soil—while soaking billions out of the U.S. Treasury.
Since the Earned Income Tax Credit (EITC) became part of the income tax code in 1975, it has quietly become the largest cash transfer program in the United States. At a cost of more than $44 billion per year, EITC spending dwarfs that of the traditional welfare program—Temporary Assistance for Needy Families (TANF)—and food stamps combined. More than 23 million households currently receive the credit. Edwin Rubenstein exposed one of the most dramatic tax frauds ever on the American taxpayer: “Defrauding the American taxpayer”, Volume 19, Number 3, spring 2009, www.thesocialcontract.com , “The Earned Income Tax Credit and Illegal Immigration - A Study in Fraud, Abuse, and Liberal Activism.”
“From 1985 to 2006, EITC payments grew from $2.1 billion to $44.4 billion, or by an eye-popping 2,014 percent,” Rubenstein said. “Total federal income tax revenues rose by 217 percent over that same period. Similarly, the number of returns claiming the EITC rose from 6.4 million to 23 million—an increase of 255 percent—over a period when the total number of federal income tax returns increased by 36 percent.
“More than one in four immigrant households received the EITC in 2000—nearly twice the 13.2 percent rate of households headed by Native Americans. And because immigrant households are larger via higher fertility, their EITC payments are larger than those received by native households.
“Bottom line: Immigrants accounted for about 13 percent of the U.S. population in 2008 but receive an estimated 26 percent of EITC benefits—about $12 billion.”
http://www.freerepublic.com/focus/f-news/2468037/posts