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Books
Luis Palau
Making Taxes Pay (for Illegal Aliens)
People are talking about the negative impact that the normalization of illegal aliens will have on the Social Security System. I agree, this will take a bankrupt system and maybe take it out of reach of repair, especially since we don’t have the political will to allow for Social Security to migrate to “Private Accounts” (see my post on the problem with Social Security here). But long before the severity of this impact on Social Security is noticed the country stands on the edge of bankruptcy from another little understood effect of legalizing and making Citizens the current illegal aliens.
This effect comes from the Earned Income Tax Credit (EIC). This is a provision of the tax code that essentially boils down to Read more