The exclusion of certain foreign-earned income (up to $95,100 in 2012) and housing benefits privileges income earned out of the country and encourages the movement of United States citizens to foreign jurisdictions.

1.    With respect to tax evasion and fraud, work to maximize wealth and income transparency. The Foreign Account Tax Compliance Act (FATCA), and similar laws adopted by other countries, represents an important legislative step forward in requiring foreign financial institutions to report balances, financial activities, and transactions to a taxpayer’s home jurisdiction. Communions that recognize the fallen nature of humanity support transparent financial reporting. This transparency fosters equality and fairness, and helps address tax avoidance and fraud, including money laundering.

2.    Work with international coalitions and communions to oppose “race to the bottom” policies enacted by states and countries that seek to attract business investment and wealthy depositors by assessing extremely low tax rates and creating secrecy jurisdictions. These policies hurt economic competition by disadvantaging companies that do not engage in tax avoidance strategies and reduce government revenues needed for domestic social and economic development.

http://pc-biz.org/PC-Biz.WebApp_deploy/%28S%283502ffivihwvy1izhaly2rpl%29%29/IOBView.aspx?m=ro&id=4857

This was posted a couple of days ago at MapleSandbox. Outraged Canadian points out 2 things to her MP; she has made a donation to ADCS to try and protect the her rights as a Canadian citizen AND that the CONS have lost a vote.

A really interesting idea here, is presenting the IGA as a public safety problem, due to the risk of identity theft. This has just been reported in Russia today. (with thanks to @STOP_FATCA). There are an awful lot of associate members of this particular committee. If you see your MP here, please consider sending him/her an email or tweet on this subject. Let them know we’re aware of the upcoming election in 2015 and that we’ll be watching. Thanks Outraged, for this idea!

Today I emailed the following letter to my MP – Blake Richards Member of Parliament (Wild Rose Alberta).

Dear Mr. Richards

In the past month I have done two things you should know about, as my elected Member of Parliament:

1. I donated money to help fund a lawsuit against my own government to protect my rights as a Canadian citizen.
2. I vowed never to vote Conservative again.
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http://www.bostonglobe.com/news/nation/2014/08/25/massachusetts-licenses-rejected-parts-washington/iQl5H871MxTHAqpnN1Rj7N/story.html

Susan Podziba couldn’t enter a federal building near Washington this month because her driver’s license revealed an unacceptable home state: Massachusetts.

Bay State residents can no longer use their driver’s licenses to get inside some government agencies because the state is one of nine that have not signed on to a federal law called REAL ID. If nothing changes, they will even lose the ability to display their licenses to board a plane.

The REAL ID measure presses states to verify citizenship and update security standards when they issue licenses. Congress intended the act to prevent terrorists who arrive in the country illegally from boarding planes. But officials in Massachusetts and elsewhere have balked at a program they contend costs millions, raises privacy concerns, and infringes on states’ rights.

States face no direct penalty other than the frustration of their citizens.

Some restrictions — such as the one that kept Podziba, a public policy mediator from Brookline, out of the National Oceanic and Atmospheric Administration — began in late July.

“It was bizarre, and then I really felt embarrassed,” Podziba said. “It was like wow, I am a US citizen and suddenly my Massachusetts ID isn’t good enough?”

She ended up conducting the high-level meeting in a cafeteria outside the security gate.

http://video.cnbc.com/gallery/?video=3000305368

http://online.wsj.com/articles/amity-shlaes-and-chris-edwards-a-simple-tax-reform-can-help-families-and-promote-economic-growth-1408919408

 
So they’re technically renouncing their U.S. citizenship. They’re declaring they’re based someplace else even though most of their operations are here. Some people are calling these companies “corporate deserters.”

And it’s only a few big corporations so far. …

—  Barack Obama  (24 July 2014)  White House Transcript

http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-president-economy-los-angeles-ca

Post Tim Horton’s, Obama looks like he’s thinking about (1) Canada as haven (2) the individual lives worldwide that the U.S. has willfully been driving into the desperations of financial ruin, severe psychic stress, marital breakup, contemplation of suicide — and skyrocketing rates of renunciation.

What really ticks Obama off is those big corporations. He talks about them just like they were individuals. Oopsie. Category mistake!
 

So join with me in the singing of the commemorative song, and toast with me to all that is is possible in a group effort! We are fighting our War of 2012, FATCA.

China fighter jets intercepted a US military patrol plane flying near its coast. The Pentagon reacted that their maneuver was “unsafe and unprofessional”. China says that  the USA is “a disgusting thief spying over his neighbor’s fence”.

That is what FATCA is. FATCA is the United States being a disgusting thief spying on the bank accounts of people who have citizens in their countries of residence. By forcing FATCA on other countries, the USA is indeed the biggest rogue nation in the world, and “spying over the fence” is an appropriate metaphor–the fence being that of normal banking privacy. The USA is a financial voyeur.

Here is the full article of the Sina News response originally in Chinese (translation at Simon Black, Sovereign Man, emphasis his):
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