Report: Illegal immigration costs $296 billion in lost taxes

By Paul Bedard

Published September 1, 2017 1:25pm ET

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Report: Illegal immigration costs $296 billion in lost taxes — Mariana Azpeitia, a farm worker from Mexico, holds the flag of Mexico and a sign in Spanish that say "Without hands there are no beans" as she demonstrates in front of the Homestead, Fla., City Hall building Monday, May 1, 2017. Immigrant and union groups marched in cities across the United States to mark May Day and protest against President Donald Trump's efforts to boost deportations. (AP Photo/Wilfredo Lee) | Wilfredo Lee

Tax credits received by illegal immigrants and wage write-offs U.S companies claim in their illegal employment costs the Treasury $296 billion over 10 years, according to a new report that is urging Congress to crackdown on the loopholes.

Annually, according to the Center for Immigration Studies, the lost taxes bill is about $30 billion, enough to fund the average middle income tax cut the Trump administration is considering, about $300.

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