Many of you asked for the text of the GOP 2016 Platform about #FATCA and #RBT. Here it is:
"The Foreign Account Tax Compliance Act (FATCA) and the Foreign Bank and Asset Reporting Requirements result in government’s warrantless seizure of personal financial information... +
"The Foreign Account Tax Compliance Act (FATCA) and the Foreign Bank and Asset Reporting Requirements result in government’s warrantless seizure of personal financial information... +
without reasonable suspicion or probable cause. Americans overseas should enjoy the same rights as Americans residing in the United States, whose private financial information is not subject to disclosure to the government except as to interest earned. The requirement for all ...
banks around the world to provide detailed information to the IRS about American account holders outside the United States has resulted in banks refusing service to them. Thus, FATCA not only allows “unreasonable search and seizures” but also threatens the ability of overseas
Americans to lead normal lives. We call for its repeal and for a change to residency-based taxation for U.S. citizens overseas.
Ask the Dems if their platform includes anything comparable. The answer is NO. Dems created #FATCA. They OWN IT.
Ask the Dems if their platform includes anything comparable. The answer is NO. Dems created #FATCA. They OWN IT.
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