Rep. King Introduces “New IDEA” Legislation To End Illegal-Hire Loopholes, Increase American Jobs, AND Save Over 25 Billion In Yearly Taxes
On Monday, Congressman Steve King (R-IA) announced that he was pushing Chairman Kevin Brady of the House Ways and Means Committee to feature King’s “New IDEA” legislation as a commonsense component of H.R. 1, the Tax Cuts and Jobs Act.
Rep. King’s New IDEA (Illegal Deduction Elimination Act) is an amendment to a preexisting failure within the Internal Revenue Code that allows employers to “deduct wages and benefits paid to and on behalf of an illegal alien”, according to a press release from King’s House website.
King’s New IDEA legislation would also make the federal “E-Verify Program”, an Internet-based database that confirms eligibility for employment against citizenship and Homeland Security and Social Security information, permanent. This is a necessity to cut down on illegal labor in the U.S. which has skyrocketed in recent years, and beyond that, it ensures legal labor will rise as a byproduct. King, along with 11 of his colleagues, made the request in a letter sent to Chairman Brady on Monday.
The Center for Immigration Studies (CIS) estimated that by eliminating the “deductibility for unlawful employment”, federal tax revenues would jump by around $25.4 billion per year or $254 billion over a 10 year period.
Gateway Pundit spoke with John Kennedy, Rep. King’s Communications Director and Senior Policy Advisor, who commented:
“New IDEA is a piece of legislation that Congressman King has consistently introduced to finally close this loophole permitting illegal employement as a deductable. I believe he first introduced the bill in 2005, and he has introduced it in every subsequent Congress since.”
Despite repeated attempts since 2005 to address the loopholes that allow American businesses to actually profit by breaking the law and hiring illegal labor, Kennedy is optimistic that under President Trump, and this current Congress, the New IDEA piece of legislation will finally pass:
“We have a unique opportunity to move it because of the opportunity that the Tax Reform legislation has put in front of us. It’s the first time in 30 years that a significant tax reform effort has been attempted.”
There is nothing in King’s proposed legislation that is not in lock-step with what the Trump administration continues to work towards, as most plans are based in plain logic just like Rep. King’s longtime legislative goal of closing the illegal immigrant-employer deductibility loophole.