Foreign nationals exploit IRS loophole: Additional Child Tax Credit
Yesterday, April 18, marked the 108th day of 2013, or Tax Freedom Day — as calculated by the Tax Foundation. That is the day, four months into the year, when Americans have finally earned enough income to pay the tab for all federal, state, and local taxes for 2013. In the simplest of terms, that means you”ve been working from New Year’s Eve until mid-April just to pay your taxes. With that hard fact in mind, watch this infuriating video to see how how billions of those tax dollars are being squandered, with the full knowledge of the Obama administration.
NBC Eyewitness News 13 investigative reporter Bob Segall in Indiana –1700 miles northeast of the Mexican border — examines a massive IRS tax loophole, providing over $4 billion per year in tax credits to millions of illegal aliens. In many cases recipients of American taxpayers’ misused monies have never set foot in the United States. The device is known as the Additional Child Tax Credit. Segall spent three months looking into this scheme.
One Spanish-speaking thief admitted through an interpreter that his address is being used to file tax returns for numerous children, including multiple nieces and nephews who reside in Mexico. “If the opportunity is there and they give it why not take advantage of it?” The IRS is aware of the magnitude of this fraud yet has done nothing to rectify it. In fact, the IRS website considerately provides ten tips on how to apply. The application forms are easily downloadable.
Russell George, Treasury Inspector General for Tax Administration says report after report sent from his office has been ignored by the IRS. Here he is in 2009 reporting on more IRS deceit.
This is how redistributionist Obama addresses the topic: