Wednesday, February 4, 2015

Tax credit for illigals

People who are in the country illegally, euphemistically called undocumented immigrants, do not have a social security number but file income tax using an individual taxpayer identification number (ITIN). These people are not eligible for the child tax credit which is a government benefit that gives $1,000 to each child under the age of 17. This is a huge benefit to low income people because it pays even if you don’t owe any income tax. The President’s plan to offer amnesty to 5 million undocumented immigrants, who only have ITIN number, will now become eligible for this benefit and they will be able to go back three years and collect. This program is the one that Obama wants to increase to $3,000 per child and last year cost the government 57 billion dollars. This is a tremendous benefit to low income people and there is nothing wrong with helping but how this will be paid for should be explained. It will redistribute wealth but it will not create any jobs.

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