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View Full Version : Sen. Reid Blocks Ban on $4 Billion Illegal Immigrant Tax Credit Loophole



Richard Cranium
05-24-2012, 02:30 AM
A bill that would close an IRS tax credit loophole that allows the IRS to funnel over $4 billion to illegal immigrants is being held up by Sen. Harry Reid (D-NV).

http://cdn.breitbart.com/mediaserver/Breitbart/Big-Government/2012/Congress/HarryReid1.jpg

Sen. Jeff Sessions (R-AL), a senior member of the Senate Judiciary Committee and the Ranking Member of the Senate Budget Committee, has been vocal in his disdain for the blatant misuse of taxpayer monies:

I’m disappointed that the Majority Leader objected to our effort today to prevent billions in tax credits from being wrongly sent to illegal immigrants claiming they have dependents, many of whom do not live in the US. This should not be a partisan issue: it is wrong for the government to use Americans’ tax dollars to directly subsidize illegality, especially at a time when our nation is spending so much money we don’t have.

The $4 billion wasted on the illegal immigrant tax credit loophole is “roughly the same amount the President proposes to raise annually by instituting the new Warren Buffett Tax,” says Sen. Sessions. The Alabama senator also notes that it's the amount needed to fund the shortfall in the highway bill and nearly all of the student loan bill.

Muddy
05-24-2012, 02:33 AM
Why would he do that?

Richard Cranium
05-24-2012, 02:34 AM
Just following orders

Muddy
05-24-2012, 02:36 AM
From the illuminati?

Richard Cranium
05-24-2012, 02:41 AM
obamanati

FBD
05-24-2012, 11:25 AM
:lol:

Acid Trip
05-24-2012, 01:24 PM
Why would he do that?

Obama is inciting class/racial warfare that's why. Closing this ridiculous hole in the tax code will produce as much as the Buffett tax. So let's stop taxing LEGAL millionaires more than they already pay and close these mother f'ing loopholes that benefit ILLEGALS.

Acid Trip
05-24-2012, 01:35 PM
Here is a link to the actual Treasury report for anyone who wants to read it.

http://www.treasury.gov/tigta/auditreports/2011reports/201141061fr.html

perrhaps
05-24-2012, 02:36 PM
Well, now, we can't be alienating Hispanic voters, can we?[-(

Muddy
05-24-2012, 02:52 PM
Well, now, we can't be alienating Hispanic voters, can we?[-(

ding ding ding! :lol:

PorkChopSandwiches
05-24-2012, 03:01 PM
What a fucking joke we are