WEB Notes: The last two articles we posted said 1 in 5 American households have zero or negative wealth. The other, 1 in 4 Americans postpone medical treatment due to expense. It should be quite obvious American’s need tax relief. Yet, Trump and friends may pass a tax bill that includes giving money to illegal immigrants, something Trump has railed against. Once again, nothing changes.
President Trump has been willing to accept almost anything to close the deal on his giant tax cut bill before Christmas, including staying mum about a measure that would allow illegal immigrants to pocket the more generous child tax credit included in the package.
Illegal immigrants have been collecting the payoff from the “refundable” tax credit for years because of an IRS interpretation of how the rule was drafted. The Republican-controlled Congress this fall had a chance to correct that in the tax code overhaul that in the Senate version doubled the child tax credit to $2,000 and expanded eligibility.