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Keyword: childtaxcredit

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  • Illegal immigration trips up tax deal (Rats want Child Credits Indexed for Illegals)

    12/07/2015 7:42:20 AM PST · by 11th_VA · 11 replies ^ | 12/7/15 12:01 AM | By Joseph Lawler
    Immigration is once again threatening to jam up congressional action, this time on tax legislation. Conservatives' concerns about benefits flowing to illegal immigrants are a major sticking point in negotiations over the package of tax breaks known as "extenders." Congressional negotiators last week were working toward a deal to reauthorize, and in some cases expand or make permanent, a grab bag of dozens of expired and expiring tax provisions worth almost $1 trillion on a 10-year basis. Most of the tax provisions affect businesses, but President Obama and congressional Democrats have long insisted that tax breaks for low and middle-income...
  • The IRS Immigration Fraud Scandal (Rubio, Ryan losing credibiltiy over amnesty)

    06/18/2013 5:45:39 AM PDT · by cotton1706 · 10 replies ^ | 6/18/13 | Jeffrey Lord
    Marco Rubio. Paul Ryan. The IRS. Illegal immigration. And fraud to the tune of billions.. Now thereís a combustible mix. Letís start with the IRS, illegal immigration and fraud. Weíll come back in a minute to Senator Rubio and Congressman Ryan. For those who came in late, a year before the IRS scandals burst onto the scene in early May of 2013, an alert investigative reporter for WTHR-Indianapolis (Channel 13), Bob Segall by name, produced a stunning piece of journalism. Segallís video report is found here and we will quote from his story for the basics. The tale begins when...
  • IRS knowingly sends Billions in Fraudulent Refunds to Illegal Immigrants

    03/30/2013 5:55:30 AM PDT · by Texas Fossil · 100 replies
    Town Hall ^ | Mar 30, 2013 | Bob Beauprez
    A WTHR-TV Indianapolis investigative report exposes a fraudulent scheme wherein the IRS is sending $4.2 billion per year to illegal immigrants as an "additional child tax credit" for children who don't even live in the U.S. Further, the IRS and Congress have been ignoring the scheme for years. The Inspector General's office has repeatedly identified the problem in audit after audit. The IG, Russell George says, "The magnitude of the problem has grown exponentially," but the IRS is doing nothing to stop it. "It's so easy it's ridiculous," the tax preparer whistleblower who exposed the fraud admits. Names are simply...
  • Pass the Sour Grapes, Not Sweet Potatoes [+ Congress In Review]

    11/28/2003 5:31:56 AM PST · by OESY · 2 replies · 147+ views
    New York Times ^ | November 27, 2003 | CARL HULSE
    WASHINGTON, Nov. 26 ó Congress broke for Thanksgiving with a final burst of partisan recriminations over the conduct of a session that produced Medicare changes, tax cuts and hard feelings certain to spill over into the 2004 campaign. Republican leaders, who labeled Democrats obstructionists, celebrated the addition of prescription drug coverage to the Medicare insurance program as just the latest in a string of accomplishments that could improve their appeal with a range of voters. Democrats asserted that Republicans, in their drive to prove they could deliver when controlling both the House and the Senate, badly bent Congressional rules and...
  • House Democrats plan disruptions to highlight child tax credit debate; week from hell for the GOP

    07/21/2003 5:45:23 PM PDT · by Brian S · 30 replies · 194+ views
    <p>The House Democratic leader pledged Monday to disrupt business as usual this week to pressure lawmakers to expand the child tax credit for more low-income families.</p> <p>"This will be a week from hell for the Republicans," said House Minority Leader Nancy Pelosi.</p>
  • The president gets snookered and we pay the price

    06/10/2003 9:41:03 AM PDT · by mikeb704 · 25 replies · 380+ views
    Oak Lawn (IL) Reporter | 6/12/03 | Michael M. Bates
    Some economic facts of life are obvious. You canít take money out of a bank account unless someone has put money in it. You canít get a rebate on a product if you donít buy it. You canít take advantage of lower interest rates if you donít take out a mortgage. Only in Washington, D.C. can basic economic truisms be turned on their head. Thatís the case with the expanded child tax credit. Less than a month ago, Mr. Bush signed a multibillion dollar tax cut that will issue checks of up to $400 to most middle-income families. The reimbursement...
  • Bush Wants House to Pass Child Tax Refunds

    06/09/2003 5:35:02 PM PDT · by Brian S · 47 replies · 209+ views
    Reuters ^ | 06-09-03
    Mon June 9, 2003 04:03 PM ET WASHINGTON (Reuters) - President Bush would sign a bill ensuring that low-income workers benefit from an increase in the child tax credit if the U.S. House of Representatives follows the Senate's lead and passes the measure, the White House said on Monday. White House spokesman Ari Fleischer said Bush wants the Republican-led House to pass the bill quickly so he can sign it into law. "He understands they're going to take a look at some other tax matters. That's their prerogative," Fleischer told reporters. "But he wants to make certain that this does...
  • Stealing from the Trust fund: Tax credit for those who don't pay...

    06/06/2003 11:36:24 AM PDT · by 1stFreedom · 7 replies · 194+ views
    The Democrats want to extend the Child tax credit to those with low incomes. They argue that the working poor do pay taxes in the form of payroll taxes. But to refund the payroll tax is to robbing the Social Security "trust" fund of needed cash. The poor are the primary beneficiaries of the social programs so they must bear the responsibility of paying the premiums. So, the new rallying cry should be "Don't starve old widows -- leave the Social Security "trust fund" alone -- Don't cut payroll taxes!"