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<blockquote data-quote="Babagounj" data-source="post: 1469212" data-attributes="member: 12952"><p><span style="font-size: 18px"><strong>Oklahoma Shows the Way to Collect Taxes from Illegals — Again </strong></span></p><p><span style="font-size: 18px"><strong>It is widely agreed that many illegal aliens work in the underground (cash) economy and do not pay state and federal income taxes as a result. (Some do, of course, but a lot of money is missing).</strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p><p><span style="font-size: 18px"><strong>Oklahoma does something about it. It has a 1 percent wire transfer fee that is collected on all personal wire transfers of cash to accounts outside the state. This past fiscal year it collected $10,502,470.17 from this source, up more than 7 percent from the previous year.</strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p><p><span style="font-size: 18px"><strong>Not all of these receipts came from illegal aliens sending remittances to their home countries, of course, but a significant share came from this source.</strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p><p><span style="font-size: 18px"><strong>What is particularly interesting about these receipts is that these fees are, in fact, withholdings for the state income tax — and thus a wire transfer fee costs nothing unless you fail to pay your state income taxes. But, <a href="http://www.cis.org/north/us-could-raise-1-2-billion-year-illegals-copying-oklahoma" target="_blank">as we reported</a> about the state's finances in 2013, 96 percent of these moneys were <em>not</em> applied to state income tax returns, so Oklahoma has found a way to collect a tax that falls almost exclusively on tax evaders!</strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p><p><span style="font-size: 18px"><strong><a href="http://www.cis.org/north/oklahoma-shows-way-collect-taxes-illegals-again" target="_blank">http://www.cis.org/north/oklahoma-shows-way-collect-taxes-illegals-again</a></strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p></blockquote><p></p>
[QUOTE="Babagounj, post: 1469212, member: 12952"] [SIZE=5][B]Oklahoma Shows the Way to Collect Taxes from Illegals — Again [/B] [B]It is widely agreed that many illegal aliens work in the underground (cash) economy and do not pay state and federal income taxes as a result. (Some do, of course, but a lot of money is missing). Oklahoma does something about it. It has a 1 percent wire transfer fee that is collected on all personal wire transfers of cash to accounts outside the state. This past fiscal year it collected $10,502,470.17 from this source, up more than 7 percent from the previous year. Not all of these receipts came from illegal aliens sending remittances to their home countries, of course, but a significant share came from this source. What is particularly interesting about these receipts is that these fees are, in fact, withholdings for the state income tax — and thus a wire transfer fee costs nothing unless you fail to pay your state income taxes. But, [URL='http://www.cis.org/north/us-could-raise-1-2-billion-year-illegals-copying-oklahoma']as we reported[/URL] about the state's finances in 2013, 96 percent of these moneys were [I]not[/I] applied to state income tax returns, so Oklahoma has found a way to collect a tax that falls almost exclusively on tax evaders! [url]http://www.cis.org/north/oklahoma-shows-way-collect-taxes-illegals-again[/url] [/B][/SIZE] [/QUOTE]
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