Media and Blog Articles – Part 1 of 11 (to 26 May 2015)
You can access all years at this link:
http://isaacbrocksociety.ca/media-and-blog-articles-links-for-all-years/
EmBee suggested that it would be good if there was a thread for new articles, so that people would be aware of where to comment. So, I created this permanent page. You could mention such articles in the comment stream for this page, or if I see one on another thread, I can copy the link to here. I’ll keep adding to the list, but not deleting, so we’ll end up having sort of a “bibliography” too. [Note: Some articles are not open for comments]
For more articles on FATCA, enter FATCA into Google then click on the link “more news for fatca” just below the most recent featured article.
Note also: JC suggests to see #FATCA on Twitter for latest breaking news. JC finds that is quite a good source and there even are some international articles that one may read using Google Translate.” Others may help certain tweets and articles remain in elevated position by retweeting them.
2015.05.26
New Survey finds US expat voting could impact 2016 Presidential Election, Greenback Expat Tax Services, NASDAQ GlobeNewswire.
This congressional committee wants to hear all your FOIA gripes, Colby Itkowitz, Washington Post, US.
The black money recovery skills of IT department are nothing to write home about, Vivek Kaul, The Daily Reckoning.
2015.05.25
The Intersection of US Federal Tax Law with Collection of International Information- – Including Other Federal Agencies, Patrick W. Martin, TaxExpatriaation, US.
2015.05.23
America the not so brave: America has led the global assault on tax dodgers and their enablers. But the reality still lags behind the rhetoric, The Economist, UK.
Cash Banned from Chase Safe Deposit Boxes, Matt Chilliak, Live and Invest News.
2015.05.22
US Steuergesetz hat unerwartete globale Konsequenzen, Colleen Graffy, Geopolitical Information Service. Also at Consequences of US widening net to catch tax dodgers, Colleen Graffy, World Review.
The horse may have bolted … but, Angelo Venardos, Asia Asset Management.
Important Correction: Passports Required to Enter and Leave US — but SSNs May be Optional, Patrick W. Martin, Tax Expatriation, US.
2015.05.21
Americans working abroad face unexpected financial issues, Sarah O’Brien, NBC, US.
Senate tax reform groups get more time, Bernie Becker, The Hill, US.
2015.05.20
Malaysia will defer FATCA reporting, FSI Tax Posts.
America’s Self-Inflicted Wound, Moises Naim, The Atlantic, US.
Janice Mays: The Tax Guru Who Guides House Democrats, Alex Brown, National Journal, US.
Sen. Rand Paul Launches Filibuster in Protest of Patriot Act Renewal, C-SPAN, US.
@GwEvil
I prefer your other meaning way better… lol
@WhiteKat,
Why don’t you write to Tommy the Boy Hunter over at Woods’ article what I wrote earlier (or a variation thereof). Tommy the Boy won’t get it because he doesn’t want to get it. But at least maybe Wood will read it. I would post it myself but those registration required sites are too complicated for me. Here it is:
If US citizenship were so “beneficial” for expats, why are they paying money to get rid of it?
Expats have no representation in US congress and no access to US public goods and services. Expats don’t use US highways, roads, dams, bridges, schools, hospitals, fire rescue, police, courts, Medicare, Medicaid, Obama care, unemployment insurance, food stamps and so on. Only homelanders consume these things.
But what about all the embassies and consulates all over the world that provide services for Americans?
Any public services that expats use at embassies or consulates are paid for in the form of fees (very high ones at that). The last time I walked into an embassy I was surprised to see the fee schedule posted on the main wall like a fast food restaurant menu, but no specials. It was very comprehensive. Virtually every little service, no matter how routine requires payment.
http://jerusalem.usconsulate.gov/service/schedule-of-fees.html
The Cook vs. Tait “benefits” argument falls flat on its face. No cost / benefit analysis would support expats retaining US citizenship. The ones who do retain US citizenship either intend to live in the US in the future or do not want to lose a military pension or some other retirement plan. Most other expats who do not formally relinquish US citizenship by obtaining a CLN do so out of fear from the costs and penalties of coming into tax compliance. Instead, they go underground and live in the shadows like the illegal aliens inside America.
It is very difficult (if not impossible) to come into compliance when an expat’s entire life is considered to be a crime.
America’s immigration problem is widely acknowledged. But its emigration problem is far worse.
@US_Foreign_Person – lol
@FromTheWilderness – brilliant answer!
@WhiteKat
Boy, once you pierce the T.H. boil with a reply it just never stops oozing absurdities. T.H., as Calgary411 once told me, appears to be unreachable. So I would say take advice FromTheWilderness and let T.H. stew in his own ooze.
It’s hard to appreciate the value in something that’s the single biggest threat to your existence.
What can you tell him? He is the perfect example of the US homelander who thinks every person outside the walls of the US wants to be inside the walls of the exceptional US, as a citizen no less. He will never understand — some of us just don’t want to be there. Take our word for it. We have made other choices based on our own values and for our own reasons.
This salespitch would be better made to the immigrants knocking on the US door, with disclaimer / full disclosure on the continuing responsibilities and cost of US citizenship-based taxation (unlike the tax system of the country they consider leaving) should they ever decide to return to their home country. Have him be sure to quote George Carlin: “…the owners of this country know the truth — it’s called the American Dream … ‘cuz you have to be asleep to believe it.”
This thread for people who are mad for good reasons. The Queen of England was killed by her husband around 1530 because she did not have children (Henry the 8th). The IRS will in the same kill investments and interactions by Americans abroad because USA is in the middle ages.
Hey gang…I just posted a comment on this article. We need to blast them with more…
http://www.thestar.com/business/personal_finance/2014/04/11/when_do_canadians_owe_taxes_to_the_us_roseman.html
@Deb and FromTheWilderness,
Thanks for the great comment suggestions. I see that overnight TH was at me again. I combined both your comments together for a good zinger back at TH, who seems to think that I have resorted to low level arguing that proves HIS points…LOL. Where have I heard that criticism before I wonder.
SwissPinoy had this link at MapleSandbox: http://www.wiwo.de/politik/ausland/washington-schaeuble-warnt-usa-vor-weltmacht-attitueden/9755176.html, which Google translates to: http://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.wiwo.de%2Fpolitik%2Fausland%2Fwashington-schaeuble-warnt-usa-vor-weltmacht-attitueden%2F9755176.html&edit-text=
Telling it like it is. I admire his moral integrity in speaking his mind.
@GwEvil
I can not sign up for digital access to The Star. It doesn’t like Safari, doesn’t like Firefox…does it just hate Macs? Even called them three times today, no help! Grrrr frustrating as I have emailed Roseman a million times to do something on this, I would love to add my 2 cents.
@gwEvil
Roseman refers to green card holders as US citizens.
Charl, I signed up using Google Chrome on my Mac.
Wolfgang Schäuble has always been a beacon of light and integrity. A madman shot him in the back during a speech and he has been in a wheelchair ever since. This abomination of fate never stopped him from doing a marvellous job for his country. Besides Angela Merkel, he has to be one of my favourite german politicians. He has honour.
I used Chrome too and it worked fine. I don’t see anyone else’s comments on that article by Roseman…
@ Charl
I use a Mac too. I can sign in at the Star but there is no comment box visible. I’ve tried Camino, Safari and Firefox. (Sorry @Deb but I’m not going to use Google Chrome. I won’t even use Google as a search engine.) If the Star doesn’t like Macs then so be it. Got my ranty hat on today so maybe it’s just as well I can’t post this there:
So Angela Preteau has found a way to make money on the misery of others with the added bonus of facilitating the transfer of Canadian earned, Canadian invested, Canadian saved and Canadian taxed assets into the coffers of one of the most corrupt and hegemonic countries in the world. If or when she finally gets enough misery money (can these types ever get enough though?) she could really help her doomed from birth and now FATCA’d husband — and millions more like him — by supporting and contributing to the opposition to the implementation of this US FATCA law in Canada. Canada’s leading constitutional expert, Peter Hogg, believes FATCA is discriminatory and therefore likely unconstitutional. There are Canadian citizens and residents who are right now awaiting a legal opinion as to the feasibility of a charter challenge. It will be a massive and expensive undertaking.
Furthermore, get real — green card holders are NOT US citizens. The word citizen has a specific meaning and it is not a label you slap on someone willy-nilly. Green card holders are NOT US citizens while they are living in the USA (resident aliens is the term the USA uses) and they are most certainly not US citizens when they return to Canada or any other country. The USA can try to label them as “US residents for tax purposes” or “US persons” but that is absurd and someone needs to call out the USA on this distortion of terminology before they decide to make every visitor to the USA (past, present and future) a US taxpayer for life. They’ll try it. They are that broke.
Who wants to be stopped at the border? Well for more and more people who have become aware of the USA’s worldwide tax jihad the answer is, “Nobody will stop me at the border because I will never go there!” Why would anyone want to contribute to the economy of a country that has gone completely off the rails, a country which is desperately trying to dig itself out from under a mountain of self-created debt by fleecing anyone outside its borders who has the misfortune to actually be a US citizen or anyone who had or has some contact with the USA in a manner in which the US thinks it can target them as a “US person”?
Rather than buying Angela’s book I would suggest that US citizens who want to continue to live in Canada get in the ever lengthening line to renounce their US citizenship (it will cost $450) and if they want to someday return to the USA then maybe they should do that sooner rather than later. Your country hates your freedom and only looks at you as its tax slave. Your country is only going to find more ways to punish you for leaving the plantation.
END OF RANT
@Em, Would you like me to post your comment for you? I can say it is from another person who wanted to comment but was not able to…or shall I just post it under my “NOtoFATCA” name?
@Em & GwEvil,
Em’s excellent comments should definitely be posted in the Star, one way or another.
@ GwEvil
Sure, go ahead. How about saying, “I’m posting this (with permission) for one of many Mac Users who cannot access the Star’s comment section.” Hope it isn’t too ranty. I’m never sure when I free wheel it like that. I get away with it here but at the Star … who knows?
Ok I will say you are “a Mac user whom I know who wanted to say the following: rant rant rant etc” lol
DAMMIT! max length 1800! Can you give me a shortened version?
@EM – you will have to include the character count of the intro line: “I’m posting this (with permission) for one of many Mac Users who cannot access the Star’s comment section:”
@ GwEvil
I think I can do this as a reply to your comment. I just can’t make a new comment. Give me a bit to see about reducing it and I’l try posting it that way. Hopefully it will get past the moderators.
Mine was posted immediately so I hope yours will be as well
@ GwEvil
Did it without reduction — split the thing into 2 replies. They both seem to have stuck.