From the Weekly Standard: ‘Amnesty Bonuses’ in Tax Code: Illegal Immigrants to Receive Earned Income Tax Credit: Could cost ‘more than $24,000 to those who receive deferred action’.
Excerpt below the fold (emphases mine).
President Barack Obama has promoted his recent executive action on immigration by arguing that he’s only deferring action – holding off on enforcement of the current immigration laws until an immigration reform he approves of passes Congress. But that's not really true; in fact there’s a way for illegal immigrants immediately to receive “amnesty bonuses,” as Senator Ben Sasse of Nebraska terms it.Read it all HERE.
Here’s how. A recent Homeland Security Committee hearing on immigration revealed an alarming consequence of President Obama’s executive amnesty—that illegal immigrants with deferred status may be able to receive the Earned Income Tax Credit (EITC). Moreover, this person, who is here in the U.S. unlawfully, could be able to file an amended tax return for up to the last three tax years, possibly receiving upwards of $24,000 in tax credits....
Senator Sasse, who along with Senator Ron Johnson has written a letter addressed to the inspector general of the U.S. Treasury Department, has released a statement commenting on the “amnesty bonuses.”
“By offering illegal aliens new payments under the Earned Income Tax Credit, the IRS may encourage fraud from those claiming children living in other countries. The Administration may have blown open the doors for fraud with amnesty bonuses of more than $24,000 to those who receive deferred action,” Sasse says in the statement.
“This is basic economics: if you want more of something, you subsidize it. By subsidizing illegal entry with four years’ worth of new tax credits, the IRS would promote lawlessness. This program severely undermines the White House’s lip-service to enforcing the law and would increase the burden on law-abiding taxpayers.”
In his own statement, Senator Ron Johnson, chairman of the Homeland Security Committee, seconds Sasse’s concerns. “Non-U.S. citizens who qualify for President Obama’s temporary deferred actions will now be eligible to receive permanent Social Security numbers. A Social Security number is the key that opens a whole treasure chest of benefits, including significant tax credits,” Johnson’s statement reads....
What about we the citizens, i.e., we the taxpayers, the ones who ultimately fund this?