All posts in " FATCA "
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The Income Tax is Destroying the World Economy

By admin / May 17, 2019

It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a tyranny that our liberty, freedom of movement, and world economic growth are all at great risk. Never before in the history of human civilization do […]

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Trump – Taxes – World Capital Flows

By admin / January 10, 2017

QUESTION: I wonder if you might clear something up regarding the fabled corporate cash hoard parked overseas? Must this be held in non-USD form thus taking an FX risk,albeit presumably hedged? I gather any USD parked in a foreign bank is immediately transferred to a US bank, likely in NYC — would this be regarded as repatriation? I […]

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Record Numbers of Americans Resigning Citizenship

By admin / April 3, 2016

  The number of Americans resigning their citizenship has reached record highs. Americans were thrown out of everywhere after FATCA was enacted. Due to FATCA, foreign institutions must report anything an American is doing outside the country or that institution’s assets will be confiscated. I myself find it impossible to do business internationally as I used to, for […]

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Total U.S. Fees to Resign Citizenship Exceed $12 million

By admin / March 8, 2016

Under FATCA, it has become impossible for small business to expand internationally. FATCA punishes any foreign entity that does not report what an American is doing overseas. This single law is causing an implosion in the world economy and politicians are too stupid to figure out that they have really harmed the global economy. The […]