Posted on 11/20/2014 9:24:09 PM PST by 2ndDivisionVet
President Obama says that his executive order will ensure that currently illegal immigrants will have to “pay their fair share of taxes.” But the vast majority of undocumented aliens don’t make enough in income to have a net income-tax liability. As I note in Forbes, a 2006 analysis by the Century Foundation, a progressive think tank, concludes that “we can be virtually certain that illegal immigrants earned less than $24,000 per year, on average, probably much less.” That amounts to around $29,000 in 2014 dollars, well below the threshold where an American has a net income-tax liability.
Legalizing this population is unlikely to result in significantly higher payroll-tax revenue, because many illegals have fake Social Security numbers that their employers use to pay payroll taxes on their behalf. Century estimates that “about $6 billion in annual payroll taxes are allocated to non-existent Social Security accounts. . . . This sum is certainly more than any income taxes that would be owed on the earnings involved.”
Century concludes that “it is likely that the undocumented workers will end up receiving rather than paying the Treasury money.” (Emphasis in the original.)
Why would someone already illegal be assumed to pay taxes?!
They are all ready as honest as a politician.
“it is likely that the undocumented workers will end up receiving rather than paying the Treasury money.”
Dont think Qwebama didnt already know this...FUBO!!
All the Emperor just did was make 20 to 25 million illegal aliens eligible to receive the “Earned” Income Tax Credit. LOL! In yo face, Gringos! LOL!
They’ll probably get tax refunds through Earned Income Tax Credit.
You beat me to it.
GMTA.
EITC
That’s right class, Earned Income Tax Credit. Can you say screwed?
I knew you could...
They will qualify for EITC. We already pay out over $4 billion a year to illegal aliens according to the IRS IG.
You bet.
That’s right class, Earned Income Tax Credit. Can you say screwed?
It’s called “Chinga los Gringos”.
Their kids already get hundreds of dollars in support through our government, EBT, 15k a year towards each child educared and free medical.
Now the parents will go on dissability, welfare and unemployment and outside of the bill we get what?
But I just had someone on this forum the other day tell me it was gonna be a plus when they started paying taxes and that if I had a backbone I’d admit they were right!!!!
This is exactly what I told them.
illegals get paid in cash. kinda doubt they would volunteer to pay taxes.
You are talking about a people that will hollow out a rim from a car, and use it as a BBQ grill, rather than go to Home Depot to buy a grill.
Pay taxes? I went to a mechanic here in NC 2 days ago. His shop is right off the highway. Guess what? No checks/credit cards; cash only. No receipt. You think he pays taxes? GTFOOH.
They need jobs first in order to pay taxes. An unskilled worker who barely speaks any English might be worth $4 or $5 an hour to an employer. But when Jose shows up at work with his newly minted work permit and tells his patron he’s now legal and has to be paid minimum wage, the patron won’t show Jose a raise, he’ll show him the door and replace him with a still-in-the-shadows illegal.
The Dreamers who try to take advantage of Obamnesty will get a harsh lesson in economic reality.
To Obama and the Rats thats not a bug,
it’s a feature...
BTW- GOP-controlled House passes $119 million tax hike
They didn’t learn a thing.
The Social Security Administration is supposed to catch that (however, notice that the link is more concerned with "discrimination" than enforcement).
Most illegal legals will still be illegal!!!
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