Report: Illegal immigration costs $296 billion in lost taxes

[TomSea]

Report: Illegal immigration costs $296 billion in lost taxes
by Paul Bedard | Sep 1, 2017, 9:25 AM

Tax credits received by illegal immigrants and wage write-offs U.S companies claim in their illegal employment costs the Treasury $296 billion over 10 years, according to a new report that is urging Congress to crackdown on the loopholes.

Annually, according to the Center for Immigration Studies, the lost taxes bill is about $30 billion, enough to fund the average middle income tax cut the Trump administration is considering, about $300.

That comes on top of wage losses to legal workers of $118 billion when companies illegally hire undocumented aliens, said CIS.

Continued: http://www.washingtonexaminer.com/report-illegal-immigration-costs-296-billion-in-lost-taxes/article/2633178