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 CF&P | Nov 16, 2011 | Publications, Strategic Memorandums
Center for Freedom and Prosperity Strategic Memorandum Date: November 17, 2011 To: Supporters of tax competition, fiscal sovereignty, and financial privacy From: Andrew Quinlan and Brian Garst Re: Congressional Hearing on IRS Nonresident Alien Interest Reporting...
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 Dan Mitchell | Oct 9, 2011 | Blogs, Financial Privacy, Tax Competition
I’ve previously blogged about the declining status of the United States, as measured by objective sources such as the Economic Freedom of the World Index and the World Economic Forum’s Global Competitiveness Report. My attitude about these developments is to...
by Dan Mitchell | Sep 28, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Taxation
Earlier this year, President Obama’s IRS proposed a regulation that would force banks in America to report any interest they pay to accounts owned by non-resident aliens (that’s the technical term for foreigners who don’t live in the U.S.). What made this regulation...
