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Added 5 Nov 2009
#FATCA
hearing warning of the negative impact it would have for unrepresented non-residents. The warning were ignored. Congress looked away. The consequences (discrimination, non-reciprocity) were intentional.
@NicklesLee
@CrossBriton
@Concern26987694
@Bundeskanzler
It is very sad when the life of any human being is taken, including Palestinians. Without conflict, so many people would still be alive today.
@Jkylebass
@cryptocomicon
If leave the US, the US government follows you, threatens you, spies on your local finances, double-taxes your non-US earnings and charges you a fortune to become free. No other nation does that. Even China isn't that bad.
@curtissmyers
#FATCA
was sold as the means of gaining transparency on the foreign assets of the wealthy, but instead it creates hell for poor abroad. It looks like the more bad law that America writes, the the more horrible it becomes. You are successfully destroying America.
@Jereme45
Oh, the really GOP doesn't care. It's all noise with no action. The GOP been supporting the reporting of every transaction of the unrepresented abroad for the past decade already.
@MichaelRandallb
@SolomonYue
To be fair, Trump never spoke about non-residents. He totally ignored them. It was Republicans overseas who attempted to raise awareness among Republicans
@SenSanders
This leadership gives people the wrong message. While it targets billionaires, it promotes a mentality which applies to anyone. Yet, most people who leave the US leave honorable reasons and end up paying even more in taxes by living in higher-tax nations.
#fATCA
@SadoffScott
@HananyaNaftali
Peace can only be accomplished by abolishing apartheid, treating the people fairly and equally from Gaza to Haifa, so they can enjoy security, democracy and human rights.
@TonyLathropLaw
That's great, but could you please stop misusing and abusing
#FATCA
hatred to harm and punish locals who bank locally and pay local taxes? You are supposed to be against the wealthy bad guys, not the poor good people!
@DepRascal
Individuals are not allowed to renounce while residing in the US, but once adults leave the US, then they may be allowed to purchase their freedom for $2350. Are you willing to pay $2350 for each American living abroad who wishes to become free?
#FATCA
#TTFI
@jonathanshiller
@HilzFuld
FACT: Israel are the equivalent of, or worse than Nazis.
FACT: Three quarters of the Israeli population still support Likud.
QUESTION: Does this make the majority of Israeli people into....Nazis?? Food for thought.
@moneromatteo
@jerrybrito
US compliance laws are generally created and enforced to create disaster. US politicians are not known to believe in fairness or justice
@GusSwnsn
@armchairshrink
@wisecroneknows
@peltzmadeline
I've never wanted to be pro or anti anything. All that I want to do is to be left alone and treated like a local who lives locally, under the same conditions as any other local. If
#FATCA
is anti-local, then it needs to stop it.
@KurtFleischer
Your statement is evidence of the grave injustice of the current US system, given how you wrongly condemn the unrepresented without having any understanding of the issue being discussed.
@JoshRudes
Immoral and unethical
#FATCA
discrimination harms locals for banking locally with their locally earned and locally taxed local savings. Would you appreciate being denied services by your local bank for being a US citizen? Of course not. So stop promoting the dirty filth FATCA!
@TheReasonWhyGuy
@debroberts0802
@AndrewYang
Thank you for the interest and support. If
@AndrewYang
reached out to Americans living abroad & addressed their issues, he'd be the first American Presidential Candidate in American history to do so. I am writing this as an ethnic American who renounced US citizenship 8 years ago
@repdinatitus
@ACAVoice
330 million US residents reside in the wealthiest $20 trillion strong economy which hoards 30% of all global wealth as a common reporting standard-rejecting
#taxhaven
. So, why does it still insist on double-taxing unrepresented non-residents who can't defend themselves? Sad
«The only way for Markle and the British royal family to extricate themselves from the tax nightmare the IRS has created for U.S. citizens living abroad is for Markle to renounce her U.S. citizenship»
via
@investopedia
@DemsAbroad
The purpose of
#FATCA
is to enforce the double-taxation of citizenship-based taxation. Restoring residency-based taxation would fix FATCA by making it unnecessary.
@Penguinr90
@BLACKTIVIST5
@ryangrim
Interesting that Israelis were cheering when it was Israel that was killing children and raping women. It’s very easy to say both are wrong for this and should be held accountable
@jaszd
@realDonaldTrump
I'm in the US right now, visiting family on a tourist visa. An American shouldn't have to renounce US citizenship just to export American products abroad.
@derren43
It is very sad and unfortunate that an individual who does not reside in America is subject to such treatment. America is the only country in the world who does this to its diaspora. No other country is so hostile towards emigrants. What does the US hope to gain from this?
@RepKManning
Agreed. One is pro-Israel by helping Israel to overcome apartheid so that it can step beyond its troubling faults and become a great nation with equality for all.
@DemsAbroadTax
@SenFinance
The best way to help Americans living abroad is to convince democrats that the unrepresented abroad have needs and rights too.
@DemsAbroadTax
@surajpatelnyc
@DemsAbroad
FATCA was sold to the public with the argument that its intentional harms would be patched at a later date. Yet, 10 years have passed and the crime is still harming the unrepresented abroad with no "patch" in sight.
Why does Schumer stand up and speak out for represented illegal aliens in the US, while ignoring legal yet unrepresented US citizens living abroad?
#FATCA
@not_a_USperson
@SolomonYue
At first, you'll feel nervous and uncertain, maybe a little scared. Then, you'll feel like a weight was lifted off of your shoulders, like a relief. Then comes sadness. Yet, over time, the sadness becomes thankfulness, thankful to be free.
#fatca
#ttfi
Western antisemitism always insults and condemns Palestinian leadership, no matter what it does or doesn't, since they reside in the land claimed by another, as illustrated in political Zionist propaganda pamphlets:
@AdlerJoelle
@afagerbakke
Billions weren't spread around
They ended up in the pockets a Hamas leaders Haniyeh and Meshaal, which is why they had no interest in peace