The net effect of the increased costs and revenues would be a gain of more than $30 billion between 2007 and 2016. So their estimate is that the new legal residents would pay over $62 billion in income and payroll taxes. while the costs of refundable tax credit. the EITC. and the child tax credit would only be $29 billion. Thus. the Federal Treasury would clearly benefit from these immigrant workers becoming legal residents by about $30 billion. So only legal residents are eligible for the EITC. Undocumented workers are not eligible for the EITC today and will not be under the terms of this legislation. However. when they become legal residents. under the process created by S. 2611. they will be eligible for the EITC going forward under the same terms of all other legal workers. The Sessions amendment would deny these legal immigrant families with children the same rights to this tax credit as other lowincome families with children. and it is wrong and unfair. I hope it will be defeated. I withhold the balance of my time.
Keywords matched
immigrant Undocumented