NBC: Tax loophole costs billions

NBC ^ | 4/26/2012 | Bob Segall

[Beave Meister]

Millions of illegal immigrants are getting a bigger tax refund than you. 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 stepped foot in the United States. And you are paying for it!

Note: This is part one in a two-part series. Read part two here.

INDIANAPOLIS - Inside his central Indiana office, a longtime tax consultant sits at his desk, shaking his head in disbelief.

"There is not a doubt in my mind there's huge fraud taking place here," he said, slowly flipping through the pages of a tax return.

The tax preparer does not want you to know his name for fear of reprisal, but he does want you to know about a nationwide problem with a huge price tag.

He came to 13 Investigates to blow the whistle.

"We're talking about a multi-billion dollar fraud scheme here that's taking place and no one is talking about it," he said.

The scheme involves illegal immigrants -- illegal immigrants who are filing tax returns.

[Alissa]

Dependent Test - You must claim the child as a dependent on your federal tax return.

Looks like these are fraudulent filings, unless these kids have American social security numbers too. You have to enter a child's ssn to claim as a dependent.

[montag813]

Here's the direct link to the VIDEO. Disgraceful beyond belief. And it has QUADRUPLED since Obama became president.

[Chode]

and America takes another one in the........

[wrencher]

No, it’s more likely that now that the press has supported the most liberal candidate in the primaries they will switch to the most liberal candidate in the general.

[1010RD]

The newspeak should outrage us as well: undocumented workers = illegal aliens

[unixfox]

This should cause outrage all over the nation!

Naw, people are too busy watching American Idol, The Kardashians, and posting on Facebook 24/7 to care about what the government steals from them.

[Graybeard58]

Think about it for a minute. It is bad enough this loop hole exists

There's really no "loop hole" involved. The criminal Mexicans are simply breaking the law. It isn't allowable for citizens to claim children who don't live with them either.

The IRS should crack down on these criminals with jail terms and then deportation.

[monocle]

If they are so brazen in claiming nieces and nephews in Mexico don’t try to convince me that they wouldn’t vote illegally.

[SunkenCiv]

Thanks Beave Meister.

Gosh, I guess we’ll be needing that VAT after all...

[a fool in paradise]

With the billions of dollars that are wired to Mexico every year by fraudulently documented workers illegally in this nation, I have no doubt that at least SOME of them supplement their living expenses in Uncle Sam’s house by receiving public assistance AFTER they have sent undeclared wages to another nation. Money that they COULD have lived on themselves.

[RetiredArmy]

Dimocrats are so proud. Their destruction of Amerika is working.

[A Navy Vet]

Haven't read further, but need the "flying pigs" photo since AP is reporting this.

It must be once a week that some other worshiper publishes something against the anointed marxist. The tide is slowly turning. I'm a little encouraged.

[Smokin' Joe]

Every time I hear a b.s. story about “undocumented immigrants eagerly paying income taxes” my head almost explodes. Those deadbeats never have any federal income tax withheld from thier paychecks.

File, get the EITC, and get more back than you paid in! What's not to like?

[cuban leaf]

I think that is pretty likely, actually.

[Toadman]

This needs to be posted to Front Page News

Moderator. Any chance this could be re-posted to Breaking News?

I'm flabbergasted that this is not receiving more attention.

R, Toad