October 3

The US Surveillance Dragnet Extends to Foreign Bank Data, Too

Zurich is home to many of Switzerland's largest banks, which are bristling at US requests for banking data. Via Storm Crypt/Flickr In 2010, the US government passed Foreign Account Tax Compliance Act (FATCA), a law designed to nail American tax cheats hiding their money abroad. It tapped into the recession blame game zeitgeist, and preceded the anti-tax dodging narratives that would later emerge from the Occupy Wall Street movement. By 2014, FATCA will be fully implemented. But like many US...

 

- Letter to Treasury Secretary Lew from Congressman Bill Posey

- Letter to Treasury Secretary Geithner from Senators Rand Paul, Jim DeMint, Mike Lee, and Saxby Chambliss