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FATCA System Fails Government Probe, Threatens Privacy

by Andrew F. Quinlan | Dec 11, 2013 | Blogs, Financial Privacy, Taxation

Despite spending more than $8.6 million so far, with another $8 million projected to be spent still, on developing the online portal for handling the registration of foreign financial institutions for the Foreign Account Tax Compliance Act (FATCA), the IRS is still...

Thanks to Obamacare and the IRS, You’re at Risk of Having Your Identity Stolen and Your Bank Account Emptied

by Dan Mitchell | Dec 3, 2013 | Blogs, Taxation

There are many reason I don’t like Obamacare, including its punitive impact on taxpayers and the way it takes our healthcare system even further from a market-based approach. But now I’m increasingly worried Obamacare also is creating a playground for hackers and...

Do You Trust the IRS With All Your Financial Information?

by Brian Garst | Oct 31, 2013 | Blogs, Financial Privacy, Taxation

This year has seen numerous scandals followed by public concern over the extent to which government agencies are violating their privacy rights. Much of the focus has been on the NSA and national security, but the bigger threat to domestic rights may ultimately come...
FATCA: The end of financial privacy

FATCA: The end of financial privacy

by Andrew F. Quinlan | Sep 12, 2013 | Opinion and Commentary

This article appeared in The Daily Caller on September 12, 2013. In light of multiple revelations on the extent of NSA spying upon U.S. citizens, Americans are increasingly weary of government infringement on privacy rights. First, it was revealed that the NSA was...

Tax Havens and Tax Competition Are Crucial if We Want to Restrain Predatory Government

by Dan Mitchell | Sep 5, 2013 | Blogs, Economics, Tax Competition, Tax Havens, Taxation

I’m very worried about America’s fiscal future. Simply stated, data from several sources (BIS, OECD, and IMF) indicates that we face a future Greek-style fiscal crisis unless policy makers implement genuine entitlement reform. Unfortunately, politicians have little...
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