by Andrew F. Quinlan | Dec 1, 2011 | Blogs, Taxation
Peter Dunn, warning of the many issues with the Foreign Account Tax Compliance Act, has written a great article at American Thinker called “FATCA: A Ticking Time Bomb for the Economy.” Lawmakers clearly need to reconsider the law and its accompanying...
by Brian Garst | Nov 9, 2011 | Blogs, Financial Privacy, Taxation
As CF&P has consistently warned, the Foreign Account Tax Compliance Act passed last year is driving foreign investment out of the US, which means less capital investment for the economy and thus fewer jobs for Americans. A group of Taiwanese banks fed up with the...
by Brian Garst | Aug 22, 2011 | Blogs, Financial Privacy, Taxation
I recently co-authored with Dan Mitchell an article in the Swiss magazine Schweizer Monat explaining the many problems with the Foreign Account Tax Compliance Act (FATCA), and the schizophrenic nature of US tax policy in general. The key points: The rationale behind...
by Brian Garst | Jul 26, 2011 | Big Government, Blogs, Regulations, Taxation
Sound tax policy is hard to find these days. As CF&P has extensively covered, Congress included the Foreign Account Tax Compliance Act as part of the HIRE Act, passed in March 2010. FATCA takes a fundamentally wrong-headed approach to tax policy. Rather than...
by CF&P | Jul 18, 2011 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Monday, July 18, 2011 202-285-0244 www.freedomandprosperity.org CF&P Letters to Treasury and Congress Call for Cost-Benefit Analysis, Repeal of FATCA (Washington, D.C., Monday, July 18, 2011) In a pair of...