• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Advertising
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Politics

Coalition Of 23 Groups Calling On Congress To Prioritize FATCA Repeal

Coalition Of 23 Groups Calling On Congress To Prioritize FATCA Repeal
N&V Staff
April 4, 2017

(Richard Rossington, Lawyer Monthly) – The Campaign to Repeal FATC, led by deVere Group CEO, Nigel Green, and the Center for Freedom and Prosperity led a coalition of 22 other groups, including Americans for Tax Reform and the National Taxpayers Union, calling on Congress to include repeal of the Foreign Account Tax Compliance Act (FATCA) in any tax reform package sent to the White House.

The March 21st letter, addressed to Speaker of the House Paul Ryan, US Senate Majority Leader Mitch McConnell, Ways and Means Committee Chairman Kevin Brady, and Senate Finance Committee Chairman Orrin Hatch, makes five key points:

  1. FATCA fails in its primary goal to catch wealthy tax cheats;
  2. It ensnares innocent Americans with excessive reporting requirements and draconian penalties for the slightest oversights;
  3. FATCA makes U.S. citizens living and working abroad toxic assets in the eyes of both financial institutions and employers;
  4. The onerous law’s compliance costs far outstrip the revenue it collects; and
  5. It encourages other nations and international organizations to pursue aggressive tax grabs that threaten American businesses and the global economy.

Other coalition members that signed the letter are: American Commitment; Taxpayers Protection Alliance; Competitive Enterprise Institute; Frontiers of Freedom; R Street Institute; 60 Plus Association; The Market Institute; FreedomWorks; Center for Individual Freedom; Sovereign Society Freedom Alliance; Institute for Liberty; Institute for Policy Innovation; The National Tax Limitation Committee; Americans for Limited Government; Citizen Outreach; National Center for Policy Analysis; Campaign for Liberty; Jeffersonian Project; and Small Business and Entrepreneurship Council.

Click here to continue reading

Prev postNext post

Related ItemsPolitics
Politics
April 4, 2017
N&V Staff

Related ItemsPolitics

More in Politics

Lombardo: My Promise to Nevadans

N&V StaffNovember 4, 2022
Read More

Question 1 on Nevada Ballot is Not What It Seems

N&V StaffNovember 1, 2022
Read More

Some Cheerful News on Flat Rate Taxes

N&V StaffOctober 21, 2022
Read More

Viguerie: If We Stand Up for Parents’ Rights Now, We Will Win!

N&V StaffOctober 7, 2022
Read More

Our Cops Have Had to Pay for This

N&V StaffOctober 5, 2022
Read More

Help a Sheriff Fire a Corrupt Governor?

N&V StaffOctober 4, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Opinion Government Muth’s Truths Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2022 Citizen Outreach | Maintained by VirtualAlly

Trump Donates His Salary To National Park Service
Trump Averages At Least One Anti-Terror Strike Per Day In Office