In this year’s election, illegal immigrants rose to the top of the voting list. most important issue.
If you watch the news, that may not surprise you. border chaos, record breaking numbers What border crossings will look like under Joe Biden’s administration; eye-catching crime It was committed by people who shouldn’t be here.
Almost three-quarters of voters oppose expanding the child tax credit for illegal immigrants, including 81% of independents and most Democrats.
But this tax season, you need a little extra thought. That’s probably something you didn’t even realize when filling out the 1040.
Every year, billions of dollars will be taken outside Enter your tax return into the An illegal alien’s pocket in the shape of child tax credit. That’s not a comforting thought if you just spent an April night at your kitchen table, fulfilling your obligations as an American taxpayer to the letter of the law.
And it’s not just today. This tax credit affects the number at the bottom of your tax form today. Because taxpayers, each of us, pay tax credits. And it matters to tomorrow’s taxpayers, who will pay even more taxes.
Frankly, today’s prices are bad enough.
For illegal aliens alone, America spends about $2.7 billion a year to cover the cost of the child tax credit. This is about half the size of the entire budget. food and drug administration More than twice the total budget national weather bureau.
If you still think $2.7 billion doesn’t sound like “real money” to taxpayers, consider this: The IRS collected a total of $2.7 billion. $5.8 billion From Vermont in 2022 to all U.S. states.
And if the left has its way, it may just be a drop in the bucket.
In 2017, Congress significantly strengthened this loophole as part of the Trump tax cuts, but did not eliminate it. The 2017 regulations are set to expire after 2025, and Democrats have proposed eliminating them completely. Meanwhile, a proposal currently before the U.S. Senate would expand the child tax credit without closing the loopholes that still allow undocumented immigrants to claim the credit.
The polls on this issue couldn’t be more clear. almost three quarters Eighty-one percent of voters oppose granting child tax credits to illegal immigrants, including 81% of independents and even most Democrats.
This overwhelming number will be an eye-opener for Democrats worried about this November.
Of course, the child tax credit has benefited them at the ballot box before.As recently as 2021, the Democratic Party 13 point lead It was based on a public vote by voters who received child tax credit checks in 2021. As you may recall, these monthly checks were passed by Congress as part of President Biden’s policies. $1.8 trillion spending package That helped push inflation to record highs.
But that lead quickly disappeared once the check itself was made. 6 point lead In the same group by April 2022.
The truth is that policymakers should be concerned about more than just the next election.
The children we list today as “dependents” on our taxes are tomorrow’s taxpayers, and they will pay an increasingly high price every time government grows.If the federal government did the right thing today and repealed this tax benefit for illegal immigrants, taxpayers would be saved. 25 billion dollars over the next 10 years, according to the Congressional Budget Office.
This is much more than Vermont alone, and the total amount exceeds this amount. 14 states He will be dispatched to Washington in 2022.
To the people who have to pay it, those of us who signed our names at the bottom of the checks we mailed on April 15th, it takes a special kind of insanity to think that large sums of money “don’t matter.” I’m missing it.
The reality is that illegal immigration is a top issue for voters in 2024, and inflation remains in the background. For today’s taxpayers and tomorrow’s taxpayers, it’s time to eliminate the child tax credit for undocumented immigrants.
