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! |