America
is so much more than that. There is a nation beyond the government and perhaps it's time to start
putting the people above the state. While a Republican controlled House and Senate cannot necessarily repeal
FATCA as Obama will veto, they CAN defund it. It is ABSURD for the
Democratic Abroad to continue to vote for the Democrats who brought this
nightmare on them. I support
some of the Democratic liberal social policies like gay rights – but
frankly, all of that is outweighed by the disaster of CBT and FATCA as
created by the Democrats. You need to understand that Democrats Abroad is an organization
that exists for the sole purpose of furthering the interests of “The
Party” abroad. Once you understand this principle, you can see their
statements and behavior for the foolishness and stupidity that it is.
If Democrats Abroad were interested in changing the oppression of
Americans Abroad (which they aren’t) then they would appreciate the
efforts of all groups – including Republicans Overseas who oppose FATCA. Democrats abroad should get with the program and stop making opposition to FATCA a partisan issue. This is what the angle should be: eliminate FBAR
penalties for local accounts, and go to exemptions from taxation for
long time US persons resident abroad. The penalties and the double
taxation are what represent U.S. government discrimination against U.S.
citizens abroad. Individual rights under the U.S. constitution are not
being applied in an even handed way across all Americans, no matter
where they live. The U.S. is showing disrespect for the rights of
nationals and their families of other countries, and disrespect for
other governments pretending that the sovereign borders of America
extend the globe.https://www.democratsabroad.org/group/fbarfatca/june-2014-fatca-delayed-new-program-delinquent-filers-announced
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