Topic analysis

Trump’s immigration crackdown could cost up to $479bn in lost taxes over 10 years

The Trump administration’s immigration crackdown—including proposed IRS data sharing with ICE and the removal of child tax credit eligibility for undocumented parents—has deterred undocumented immigrants from filing taxes, with tax advisers reporting significant drops in Latino client filings. Experts estimate this could cost the US federal government between $147bn and $479bn in lost revenue over 10 years, and up to 2.7 million US citizen or lawful permanent resident children may lose access to the child tax credit as a result.