Obama promised during his infamous immigration speech that the newly-amnestied illegals wouldn’t receive improper benefits.
Like everything else, it was a lie.
You may remember Obama swearing up and down on a stack of Bibles (or copies of Dreams of My Father, at the very least) that his unilateral executive action on amnestywouldn’t allow the illegals protected under its aegis to get government handouts.
The Earned Income Tax Credit and Additional Child Tax Credit are government assistance programs nominally disguised as tax rebates, which are generally claimed by lower-income families.
The two “tax credits” are the most widely abused entitlements in the pantheon of liberal handout programs, hemorrhaging billions of dollars of taxpayer money in improper payments.
The Examiner looks at a recent Internal Revenue Service inspector general report on the two programs, which confirmed that both were plagued by fraud. While the EITC was well established as a fraudulence-riddled institution, the IRS admitted for the first time that the ACTC was also similarly abused.
In 2013, $63 billion in Earned Income Tax Credit payments were doled out by the IRS. The inspector general report estimated that 24 percent of these – or $15 billion – were paid to unqualified recipients.
The Additional Child Tax Credit was no slouch, either.
Out of $26.6 billion taken out of taxpayer coffers, the inspector general estimated that the unqualified payment level was between 25.2 percent and 30.5 percent; even at the lowball figure, the ACTC has a higher level of fraudulence than the EITC.
While the president has publicly urged the IRS to crack down on the EITC problems, it’s mostly been with a nudge and a wink, and the IRS has responded in kind.
According to the inspector general, “The estimated EITC improper payment rate has remained relatively unchanged since fiscal year 2003 (the first year the IRS was required to report estimates of these payments to Congress), and the amount of EITC claims paid in error has grown.”
So, like most everything out of the president’s mouth, the claim that illegal immigrants wouldn’t be receiving handouts is a lie.
Not only will they be receiving handouts, they’re going to be receiving them from two of the most abused federal programs. Nice work.
Courtesy of Conservative Tribune