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Read MoreFATCA (the “Foreign Account Tax Compliance Act”) was passed in 2010. With the stated purpose of catching “fat cat” tax cheats who hide their money abroad, FATCA instead would have the effect of:
All this supposedly is justified by FATCA’s claim to “recover” lost taxes of less than $1 billion per year – enough to run the government for about two hours. (In fact, the way the U.S. Treasury plans to enforce FATCA, it would probably lose more money than it would take in!)
Senator Rand Paul introduced a bill to repeal FATCA. Senator Jim DeMint and Senator Mike Lee stand with Rand Paul on this. For more info see here.
Knowing how corrupt the IRS is, do we really want them to have more power?
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Read MoreAOC and the squad are trying to destroy Goya Foods because Goya CEO, Bob Unanue, said some nice things at the White House about Trump. Will you...
Read MoreThe global Ceramic Tiles Market size is projected to reach USD 82.83 billion by 2026, attributable to the rise in construction activities...
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