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| Government |
| Bungling Bureaucrats Dole Out Billions in Tax Credits to Illegal Immigrants |
| 2013-10-15 |
| The federal government's decision to pay out billions of dollars in tax credits to illegal immigrants likely was made by midlevel bureaucrats and has never received full congressional scrutiny, according to a study that the Center for Immigration Studies is releasing Monday. But according to Harry Reid and Nancy Pelosi we can't cut federal spending so much as one penny... The "additional child tax credit" was created to help out those who make too little to qualify for the full child tax credit. The ACTC is refundable, meaning that even if the taxpayer doesn't owe income tax, he or she could get a payout the IRS. That becomes an avenue for fraud, particularly when combined with illegal immigrant workers, whose use of the tax credit has jumped from 796,000 filers in 2005 to 1.5 million in 2008 and 2.3 million in 2010, according to the IRS' official auditor. Investigators identified one address in Atlanta where 23,994 ITIN-related tax refunds were sent -- including 8,393 refunds deposited to a single bank account. Mr. North said those were pretty good indications of fraud. DOH! |
| Posted by:GolfBravoUSMC |
| #5 Mistakes were made™. |
| Posted by: Alaska Paul 2013-10-15 13:53 |
| #4 The federal government's decision to pay out billions of dollars in tax credits to illegal immigrants likely was made by midlevel bureaucrats and has never received full congressional scrutiny Isn't that the same line that was used unsuccessfully in the IRS scandal ? |
| Posted by: Besoeker 2013-10-15 12:23 |
| #3 ..as in fiduciary responsibilities that would get any private sector accounting firm or accountants decertified. Not to be confused with corrupt cronyism for just out right looting of the public Treasury to buy votes and influence. |
| Posted by: Procopius2k 2013-10-15 07:36 |
| #2 Bungling??? |
| Posted by: g(r)omgoru 2013-10-15 04:11 |
| #1 This shit's been around since the mid 1980's, probably earlier. I could tell you some stories about similar abuse at the MA state level (most of it caught; refunds were held up and / or denied and the offending tax preparers jugged) that would surprise no one that regulary reads this site. Anti-fraud provisions, while in place, have not been a priority at the Federal level nearly as much as they have been at preventing 501(c)(4) organizations from getting a foothold. State abuse of this stuff is next to nonexistent, in my very informed professional opinion. Refundable credits, just like the EITC. A recipe for abuse and outright fraud - abolish them all, and tax all public assistance as unearned income. And fire every SOB involved in the above abuses, and cut the IRS funding by 20%; it's the only way they will learn not to make marks out of citizens... |
| Posted by: Raj 2013-10-15 00:47 |