The IRS's recent announcement about sharing tax return data with immigration enforcement agencies marks a significant breach of tax confidentiality. This decision could jeopardize billions in federal revenue and create anxiety among undocumented immigrants, many of whom have contributed to Social Security without access to benefits. The measure may deter tax filing among this group and disrupt vital funding sources. Experts estimate that about 1.8 million unauthorized residents in California contribute significantly to the state's economy, thus raising concerns about the broader economic implications of the IRSâs actions.
The IRS has broken a promise of confidentiality by sharing tax information with immigration enforcement, affecting millions of undocumented taxpayers who contribute to Social Security.
Undocumented immigrants filing taxes contributes to the longevity of the Social Security system, as they pay into it without ever accessing benefits, helping avert bankruptcy.
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