The Treasury Department has taken a bold step towards protecting the American taxpayer by issuing a new rule that will prevent illegal aliens and foreign nationals from securing income tax credits. This historic move is a testament to the commitment of the current administration to uphold the rule of law and ensure that our tax system is fair for all Americans.
Under the new rule, individuals who are not legally authorized to work in the United States will no longer be eligible to claim the Earned Income Tax Credit (EITC) or the Child Tax Credit (CTC). These tax credits were designed to provide financial assistance to low-income working families, but they have been exploited by those who are not entitled to them.
For too long, illegal aliens and foreign nationals have been able to take advantage of our tax system, receiving tax credits that they are not entitled to. This not only drains valuable resources from our government, but it also puts an unfair burden on hardworking American taxpayers who are struggling to make ends meet.
But thanks to the leadership of the Treasury Department, this will no longer be the case. The new rule will require individuals to provide a valid Social Security number in order to claim the EITC or CTC. This will effectively prevent illegal aliens and foreign nationals from receiving these tax credits, as they are not eligible for a Social Security number.
This is a major victory for the American people and a significant step towards restoring integrity to our tax system. It sends a clear message that our government will not tolerate fraud and abuse, and that those who break the law will not be rewarded.
The Treasury Department’s decision to issue this rule is a testament to their dedication to protecting the American taxpayer. It is a reflection of the values of this administration, which is committed to enforcing our immigration laws and ensuring that our tax system is fair for all Americans.
But this is not just about protecting our tax system. It is also about protecting American workers. By preventing illegal aliens from receiving tax credits, we are creating a level playing field for American workers and encouraging employers to hire legal workers.
Furthermore, this new rule will also help to reduce the federal deficit. According to the Treasury Department, the EITC and CTC cost the government over $25 billion in fraudulent payments in 2016 alone. By preventing these payments, we are not only protecting the American taxpayer, but also saving valuable resources that can be used for other important programs.
The Treasury Department’s decision to issue this rule is a bold and necessary step towards securing our borders and upholding the rule of law. It is a clear demonstration of the administration’s commitment to putting America first and ensuring that our government works for the American people.
In conclusion, the Treasury Department’s new rule to prevent illegal aliens and foreign nationals from securing income tax credits is a historic move that will have a positive impact on our country. It will protect the American taxpayer, promote fairness in our tax system, and help to reduce the federal deficit. This is a victory for all Americans and a testament to the strong leadership of the current administration. Let us continue to support their efforts to uphold the rule of law and make America great again.
