In light of today’s Treasury Department hearing on the Foreign Account Tax Compliance Act (FATCA), the Center for Freedom and Prosperity (CF&P) is again taking the opportunity to call upon Congress to repeal the legislation.
News
CF&P Warns Conferees Against Senator Levin’s Poison Pill Tax Amendment
Center for Freedom and Prosperity President Andrew Quinlan sent a letter to Democrat and Republican members of the Surface Transportation Bill Conference Committee highlighting the dangers of allowing Senator Levin’s unrelated anti-tax haven amendment, slipped into th…
CF&P President Andrew Quinlan Denounces IRS Adoption of Destructive, Job Killing Regulation
The IRS has announced that they will adopt an unpopular proposed regulation to require reporting of interest paid to nonresident alien depositors. The interest is not taxable under the US tax code, and both lawmakers and experts predict it will result in a loss of forei…
Popular CF&P Video Highlights Costly Hidden Burden of Federal Tax Compliance
As Americans scramble to finish their federal taxes before Tuesday’s deadline, the Center for Freedom and Prosperity (CF&P) reminds taxpayers, politicians and voters of the tremendous hidden burden placed on Americans by the complicated federal US tax code. In a popular…
New CF&P Libertas Paper Outlines Danger of Proposed IRS Interest-Reporting Regulation
The Center for Freedom and Prosperity Foundation released today a policy brief highlighting the severe economic damage that would result from adoption of an IRS proposal (REG-146097-09) to require U.S. banks to put foreign law above U.S. law by reporting deposit interes…
CF&P President Andrew Quinlan Comments on Levin-Conrad-Whitehouse Amendment to Surface Transportation Reauthorization Bill
The Senate included a Levin-Conrad-Whitehouse amendment in the Surface Transportation Reauthorization Bill (S. 1813) that expands onerous powers in the Patriot Act in order to give the Treasury Department unchecked powers to extend US tax law beyond American borders.