SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Geoff Altman who wrote (503688)8/22/2012 3:45:06 PM
From: Neeka   of 793914
 
Since 9/11 I have read article after article about the murder of Christians (and people of other faiths) in the ME and Africa, and I do think it is important that people realize what's happening. I think a lot do and feel helpless to do anything about it. Then there are those who do not know anything about what is going on outside of their world and are none the worse off for it. Muslims have declared war and have raided entire villages for the express purpose of killing Christians, so call it what you will, it's happening and continues to happen regardless of how many articles we read. I don't think it can be stopped on anything but a local level.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

On another subject all together.

Here is more of the socialist in chief's plans to "distribute the wealth."

"Illegal immigrants could reap more than $7B in tax credits this year, senator says

Published August 22, 2012

FoxNews.com

Illegal immigrants could receive more than $7 billion this year in federal tax credits, according to one estimate, thanks to a loophole in the law that allows people not authorized to work to reap the government payments with no questions asked.

Sen. Jeff Sessions' office calculated that, based on recent trends, illegal immigrants could receive roughly $7.4 billion through a provision known as the Additional Child Tax Credit. That's more than quadruple what the payout was four years ago, but the payments have been steadily increasing over the past decade.

Though illegal immigrants are prohibited from receiving similar tax credits, a quirk in the law allows them to qualify for the child tax credit. And it's a "refundable" credit, meaning recipients can reap the money -- with average checks totaling about $1,800 -- even if they've paid no taxes.

An aide to Sessions, R-Ala., the top Republican on the Senate Budget Committee, said the issue is a "serious matter that deserves attention" and another sign of how "Washington is disconnected from reality."

Illegal immigrants can qualify because even people not authorized to work in the U.S. are supposed to file returns with the IRS. If they don't have a Social Security number, they are provided what's known as an Individual Taxpayer Identification Number in order to file returns.

And those filers are not excluded from claiming the Additional Child Tax Credit, which is offered to some families with children under 17 years old.

A report last year by the Treasury Inspector General for Tax Administration found the claims added up to $4.2 billion in 2010. Sessions' office calculated the $7.4 billion figure based on the IG report numbers and White House budget numbers.

The IG report last year recommended that Congress pass legislation to "clarify" whether the tax credits should actually be paid to those not authorized to work in the U.S.

Sessions co-sponsored a bill earlier this year to bar illegal immigrants from receiving the credit, but the bill was blocked from reaching the floor by Senate Majority Leader Harry Reid.

Reid at the time said the bill targeted the children of low-income Hispanic families.

Recent expansions to the credit under the stimulus law are set to expire at the end of the year."

foxnews.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext