“Mark Twain” has provided information for the interesting material in this post.
Starts with:
Roger Villere: As Chairman of LAGOP I agree we need to introduce a RNC resolution during our winter meeting to address this ! I will be looking to make this resolution on behalf of the 7.5 million Americans living overseas.
Related comment on Republicans Overseas Facebook page:
The enactment of the FATCA is a good example of taxation without representation for U.S. expats. RO already asked RNC to introduce and pass a RNC resolution during their winter meeting in DC next January expressing concerns that American citizens abroad are forced to choose between paying more taxes and abandoning their citizenship under the act.
Mr. Villere also has a comment on the Facebook page:
I believe FATCA is making it harder for Americans abroad to open new bank accounts. We should be helping small business, not making it harder to do international business.
Republicans Overseas (Facebook)
Republicans Overseas Inc. Established to Speak on Public Policy
A new political organization has been formed to facilitate the involvement of Republican citizens overseas in the political process of the United States.Republicans Overseas Inc. was registered at the IRS on Sept. 18 as a Section 527 organization. The officers include Bruce Ash (chairman), Solomon Yue (vice chairman), Helen Van Etten (secretary) and James Bopp Jr. as treasurer and custodian of books.
The filing indicates the corporation was “organized to provide an organization, with chapters throughout the world and a headquarters in the United States, to facilitate involvement of Republican citizens overseas in the political process of the United States. In addition, the Corporation will voice the concerns of Republican citizens overseas in the public policy debates in the United States consistent with Republican principles.”
A spokesperson for the Republican National Committee stated Republicans Overseas was not affiliated with the RNC. The RNC already has a Republicans Abroad organization.
Another Republicans Overseas Facebook comment give a link to a submission to the Ways and Means Committee:
“In this analysis, you see that this (overseas) target family requires 1324 calculated hours of preparation time per year, with 132 pages of forms submitted per year, 789 pages of instructions to read. When this taxpayer gives up and says it is impossible, he is subject to fines of $11,190,000.
The analysis shows that the tax reporting burden and penalty structure for US citizens abroad is seriously flawed and needs to be deleted.
No other country in the world taxes its citizens living outside of its borders”
http://waysandmeans.house.gov/…/engen_wg_submission_2.pdf
Mark Twain also gives:
In bipartisan spirit:
Democrats Abroad: About the FBAR/FATCA Task Force
Although the requirement for Americans to report accounts held in foreign financial institutions (the FBAR report) has existed for many years, new and more invasive reporting requirements were imposed in 2009 with the passage of the Foreign Account Tax Compliance Act (FATCA). FATCA is the result of Congressional and IRS efforts to improve tax compliance among U.S. citizens, both living in the US and living abroad, with foreign financial assets.
The majority of us living and working around the world understands and supports our government’s efforts to close the loopholes that enable tax avoidance schemes. FATCA and the regulations established to comply with it do not, however, sufficiently distinguish between those Americans with foreign accounts that live within the US and those with foreign accounts who legitimately reside offshore. Overseas Americans have the same needs as stateside Americans for access to basic financial instruments of personal banking, business banking, investments, and savings, based in our country of residence. Living and banking offshore does not equate to tax avoidance.
Great explication USCitizenAbroad, ( http://isaacbrocksociety.ca/2013/11/09/republican-and-democrat-organizations-for-us-citizens-abroad-wakening-up-to-fatca/comment-page-1/#comment-648112 ).
And though in reference to your comment @foo, I think that the bright line between those anticipating ‘return’, and those permanently abroad might be on a curve with intermediate stages, I know what you both mean.
I met some on across this range, at a previous workplace which tended to have numerous transplanted duals, and attracted those still living in the US, but commuting to Canada across the border each day. Strangely, a supervisor outed me as a US person based on birthplace information on my employment paperwork (which should have been confidential). One that I can think of really welcomed warmly those fellows with a US background, and even organized a get together for those of US origin/parentage, but made a singular point of having the US flag and paraphernalia displayed prominently in their office – and I think was experiencing overt anti-US backlash for the first time. It was like establishing a little piece of America on Canadian soil. Which was seen by co-workers as negative and provocative. That person – who maintained their home in the US, and would never move here, was not open to understanding the reasons and context behind the Canadian backlash, and would have been hostile if I had attempted to ‘translate’ and ‘interpret’ this for them.
the RO posts are showing a quantity of standard anti deficit anti Obamacare messages, and some party pcitures, but the highest proportion are FATCA explanations to the Repugs.
I have a 2nd hand report from the committee meeting (RNC committemen & committeewomen) regarding FATCA & RBT today, and the report includes “fantastic speech” and resounding interest and applause for this issue over many others. None in the audience had any idea what has been going on with FATCA and CBT is described as something which is difficult for Homelanders to fathom (heck, I went 17 yrs not thinking anything unusual about it).
This looks very very good in this forum, which will go to the floor for everyone soon.
There are also people trying to get RNC to understand how to present this to the media without getting hammered.
RO is already under attack from the progressive blogs:
http://freakoutnation.com/2014/01/21/republicans-flirting-with-tax-evasion/
http://nomadicpolitics.blogspot.com.tr/2014/01/fatca-repeal-tax-avoiding-super-wealthy.html?m=1
Perhaps some Brockers want to go over and pound them.
Democrats Abroad do not wish to be quoted as also supporting FATCA’s repeal, although that’s what they morally should be doing if they in fact are advocates for Americans abroad.
Sickening to watch this play out in front of us.
@tim
I did a comment on nomad.
http://www.huffingtonpost.com/2014/01/22/republican-party-anti-tax-dodging-law_n_4640467.html
HuffPo reprint of Patrick Temple-West. Includes typical HuffPo cesspit commentary. In my opinion barely worth even trying to show these morons the real facts. Lost cause.