IRS now rules the world
 

The balls on these people amaze me.

That is unreal. Who were the 4 congressmen that introduced FACTA?

Sponsor is the worst of the worst. Rangel
Co-Sponsors
Rep. Jerry Costello [D, IL-12]
Rep. Joseph Crowley [D, NY-7]
Rep. Danny Davis [D, IL-7]
Rep. Rosa DeLauro [D, CT-3]
Rep. Sander Levin [D, MI-12]
Kendrick Meek
Rep. Richard Neal [D, MA-2]
Rep. Linda Sánchez [D, CA-39]
Rep. Fortney Stark [D, CA-13]
Rep. Christopher Van Hollen [D, MD-8]
Rep. Peter Welch [D, VT-0]

Anything Rosa DeLauro supports is the exact opposite of what we need.

So FATCA was basically passed by Democratic FATCATS?

What's to keep foreign banks from telling us to go bleep ourselves?

"Foreign institutions and entities that refuse, or fail, to do so face bills for the taxes due, a draconian penalty of 40 percent of the amount in question and heightened scrutiny by the IRS."

So you send me another bill 40% higher that I'm also going to ignore. Big whup.