Treasury Working to Cut Benefits and Money Transfers for Illegal Aliens: ‘There’s No Place for You in Our Financial System’

Treasury Secretary Scott Bessent announced on Friday that the Trump administration is moving aggressively to deny federal tax benefits and suspicious money transfers for illegal aliens.

Bessent, acting under direct orders from President Donald Trump, said that the crackdown on illegals exploiting America will include banning them from the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit.

“At @POTUS @realDonaldTrump’s direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens,” Bessent wrote in a post on X.

Bessent added that the Treasury will “issue proposed regulations clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit.”

Keep reading

Unknown's avatar

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

Leave a comment