CONSERVATIVES HOPING TO CLOSE ABUSED TAX LAW LOOPHOLE
Sen. Jeff Sessions (R-AL) announced Tuesday his endorsement of proposed legislation that would close a loophole in the tax law that allows illegal immigrants to abuse the Additional Child Tax Credit. The Treasury Inspector General for Tax Administration in its 2011 report found that $4.2 billion in the credit meant for lower-income working families was paid to 2.3 million people without Social Security numbers just in 2010.
Due to Obama’s American Recovery and Reinvestment Act that Congress passed in 2009, more families were eligible for the additional child tax credit and some taxpayers also filed returns for multiple years to obtain the additional child tax credit for prior years. Recent investigations reveal rampant abuse of this credit by illegal immigrants claiming up to 12 children, often times nieces and nephews not even living in the United States.
Sen. David Vitter (R-LA), who is proposing the bill, wants to require recipients of the additional child tax credit to have a valid Social Security number in order to stop rewarding illegal immigrants already here and incentivizing more to illegally enter our country.
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