Posted on June 26, 2014 by Tim Posted in Issues regarding US persons abroad 15 Comments Defending wealthy tax cheats is all the rage these days http://fortune.com/2014/06/25/foreign-tax-evasion-law/ Share this:TwitterFacebookEmailLike this:Like Loading...
What is the best way to post there??? Google Chrome seems to want to track info etc, makes me uncomfortable.
Certainly deserving of membership in the Hall of Shame. I don’t think there was one redeeming sentence in that entire article.
Why do I get the feeling that the all the FATCA apologists and compliance condors are now circling the wagons in the run-up to July 1st? All I know is that one side is going to be very, very right and the other very, very wrong. I know which side I’m betting on – FATCA will indeed be a train wreck. Let the withholding games begin!
Good to hear elsewhere that people are renouncing without 5 years tax compliance just to get their CLN’s. Best form of tax objection there is. Take your citizenship and taxes and shove it!
Calling people “tax cheats” who have no obligation whatsoever to the US is all the rage.
Very deserving of the Wall of Shame.
Chris Matthews is just another armchair Homelander who thinks the US is ‘entitled’ to this data and he understands the FATCA issue fully. He fails to mention the CBT v RBT argument and how he US gives expats nothing in return (no unemployment or Medicare etc).
This article is a joke and Fortune should find journalists that are more informed about FATCA before publishing an ‘off the cuff’ article.
Very frustrating article which doesn’t seem to take on board that much of the opposition to FATCA is not wealthy.
It doesn’t matter that Chris Matthews can’t see the logic behind foreign bank actions: the simple matter of fact is that some companies have decided that it is not worthwhile having U.S. customers for reportable accounts whether it makes sense to him or not.
He also doesn’t get that having a U.S. standard, an OECD standard, a U.K. standard and a French standard isn’t a great thing, it is a horrible thing. It is disastrous for poor countries (many African countries will struggle to achieve even the OECD levels).
We should accept that Chris M. is just another homelander who cares less about our plight and more about his own agenda. There seem to be so many such people these days. It’s not that they’re illogical or stupid; they just seem that way to us because they have an agenda to run and prefer to shut their eyes and stick their fingers in their ears (or elsewhere) and repeat “no no no no” like children, when confronted by the truth.
There’s nothing to be done about them. Just move on – but leave behind good counterarguments in the comments section, which I see was done.
I disagree. I want to fight with Chris M. I would like nothing more for Chris M to burn Murray Rankin in effigy in front on the Canadian Embassy in Washington DC.
Yes, the comments are great. Thanks to those who’ve participated so far.
I have sent that little liberal FATCA apologist some tweets which of course do nothing to change his views..
he has replied to a tweet saying that he has read the comments. Give him some better sources.
Mosquitoes, it time for a swarming!!!
Done (Got a new persona for this one)
I think this is a really important one to comment on. To get a “leftie” enlightened would be a serious win. With his TV show he has a decent audience and guests a lot on Morning Joe. Would love to get him on our side.
I thought I recognized you! Great comment (as usual). So many great comments that its hard to add anything of value.
It wouldn’t be the first time someone like him was won over by the Brock SWAT team.
Thanks, but maybe inundating him with some volume could be groovy too. Did you read what he did to Fedup on twitter? (insert many four letter words directed at Matthews).