No mortgage, no college tuition, no more kids at home. In other words, I just wrote out the biggest federal income tax check in my life for the biggest tax bill of my life and then I read this:
The IRS is defending its decision to let illegal immigrants claim up to three years’ refunds on income even if they never paid income taxes, telling Congress in a new letter last week that agency lawyers have concluded getting a Social Security number triggers the ability to go back and ask for previous refunds.
President Obama’s new deportation amnesty could grant Social Security numbers to as many as 4 million illegal immigrants, making many of them eligible for tax refunds under the Earned Income Tax Credit even for years when they cheated on their taxes, by working off the books and not filing tax returns.
“Section 32 of the Internal Revenue Code requires an SSN on the return, but a taxpayer claiming the EITC is not required to have an SSN before the close of the year for which the EITC is claimed,” IRS Commissioner John Koskinen wrote in his letter to Sen. Charles E. Grassley on Wednesday.
5 comments:
I'm sure that there are a lot of unemployed Bernie supporters who are concerned that you're not paying enough.
"We" vote for them so only have "ourselves" to blame.
The IRS has to go. And the million page tax code along with it. Just give me a post card tax return:
Line 1: How much did you earn___________________
Line 2: Multiply line 1 by 0.17, enter amount here______________
Line 3: Send line 2 amount to U.S. treasury general fund.
Sounds good.
Yeah, sounds even better at 10% - no exemption or deductions for anyone. Includes all businesses. Welfare also has to kick in.
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