AMNESTY BENEFICIARIES COULD CLAIM MORE THAN $35K IN TAX BENEFITS IN FIRST YEAR
CRS calculated the maximum level of tax credits available to hypothetical families with three and four children. It found that for a family with three children in the four years from 2011-2014 “phase-out threshold amount” would be able to obtain $35,521 in the EITC and CTC.The big problem for the U.S. central bank is that it cannot print borrowers. The federal government counts as a borrower though, so skyrocket the deficit and have the Fed monetize the debt, with the proceeds going into the pockets of illegal aliens, first being skimmed by the Washington predator class to line their own pockets.
A family of four in that same four year time frame and circumstance could obtain $35,560.
In those years considered, the “phase-out threshold amount” for both hypothetical families was $21,770 in 2011, $22,300 in 2012, $22,870 in 2013, and $23,260 in 2014.
Both hypothetical families were also able to amass around $9,000 worth of the EITC and CTC annually in the years CRS considered.
The economy and stock market will boom, but average Americans will fall further behind as costs rise and "good" real estate becomes more expensive. Quality of life for many lower income Americans will fall.