Eyewitness News shows a massive tax loophole that provides billions of dollars in tax credits to undocumented workers and, in many cases, people who have never set foot in the United States, are not and never have been US residents.
Multiple people claiming residence at a single address but who don’t live there, including nephews and nieces who LIVE IN MEXICO but bring in up to $30,000 in free refunds. Multi-billion dollar fraud scheme uses ITIN number created for illegal immigrants to pay taxes. ITIN numbers use a loophole called ‘additional child credit’. This is used to include children who live in Mexico.
The IRS has known about this loophole for years and done nothing to fix this problem. Now costs more than $4 BILLION per year as more and more sign up to participate in this fraud.
There are currently 2 million undocumented workers receiving illegal, fraudulent tax refunds and more as word spreads on how to milk the soft IRS tax systems flaws. Paid for of course by every legal US citizen and a clear additional inducement to attract more and more illegal immigrants to a country where they can abuse and take advantage of our overblown, chaotic and disorganized government. (Thanks to Jeff Smathers for this amazing headsup. – JWD) – Full Article Source