January 24

Why Republicans Are Right to Support Repeal of FATCA!

Today the Republican National Committee adopted a resolution proposed by Republicans Overseas, an advocacy group for an estimated 7.6 million Americans who live and reside abroad, to repeal the “Foreign Account Tax Compliance Act” (FATCA).  Enacted by an all Democrat-controlled Congress in 2010 as a budgetary “pay for” in unrelated legislation, FATCA never received the kind of scrutiny it deserved prior to enactment.  There was no cost/benefit analysis, no regulatory impact study, and no ...

 

- 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