Thread: Illegal Aliens Steal Billions Via Tax ID #s

Illegal Aliens Steal Billions Via Tax ID #s

Illegal Aliens Steal Billions Via Tax ID #s
Tucked discreetly away in the ‘Economy’ section of the New York Times:

Thousands May Incorrectly Be Using Stimulus Tax Breaks
By LYNNLEY BROWNING

December 22, 2009

Thousands of American taxpayers incorrectly claimed more than $500 million in tax benefits under the Obama administration’s tax break for first-time home buyers, a government watchdog report said Tuesday.

That finding was one part of a report by the inspector general for tax administration that said the Internal Revenue Service does not know whether the majority of the $312 billion in tax breaks available through the American Recovery and Reinvestment Act are being claimed legitimately.

The report said that for businesses and individual taxpayers claiming tax relief under the 2009 act, “the IRS is unable to verify eligibility for the majority of Recovery Act benefits at the time a tax return is processed.â€

ITINs are actually supposed to be for passive income like rentals, stock and dividends not wages. There is potential for a collabortion with the Mexican Treasury because there are people simultaneously dodging taxes in both countries.

I noticed the article didn't say they were going to do anything about it. Sigh.

Yeah, but if we Americans don't, we get raked over the coals.

This is why so many of our neighborhoods have gone to crap in the past year.