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03-13-2010, 12:16 PM #1
Fraud & abuse: earned income tax credit by unlawful immi
[quote]Fraud & abuse: earned income tax credit by unlawful immigrants
Contributed by Frosty Wooldridge (Editor)
Tuesday, March 09, 2010 4:58
By Frosty Wooldridge
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.
“From 1985 to 2006, EITC payments grew from $2.1 billion to $44.4 billion, or by an eye-popping 2,014 percent,â€Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
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