Not only that, but the lowest income people actually receive more back in credits than they pay in taxes: pewresearch.org/short-reads/20… x.com/UBERSOY1/statu…
In 2009 (somewhat old apologize if things have changed), the author Edwin Rubenstein did a report on the one of these credits, the earned income tax credit (EITC) and found that it had the highest percent of improper payments at nearly 1/3 payments being improper:
Unlawful immigrants are barred from this program, but many have fake social security numbers, or can claim benefits through their citizen children... Keep this in mind when we hear about them "paying" taxes...
Take it from former CA senate leader Kevin De Leon, on the prevalence of fake documents: justfactsdaily.com/politifact-dec…
Rubenstein also claims that the EITC pushes up the birth rate for immigrants, but I haven't really looked in to it...
This structure of payment contributes to people taking out refund anticipation loans. 60% of people who took these out were EITC recipients:
Anyways here is the full report. Let me know if you think things have changed or if he is wrong about anything... thesocialcontract.com/docs/tsc_earne…
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.