“In a major game-changer, Senator Rand Paul (Republican of Kentucky) today introduced a bill to repeal mandates of the ‘Foreign Account Tax Compliance Act’ (FATCA) on financial institutions and individual American citizens as a ‘violation of sovereign nations’ laws and privacy matters.’ In a letter to his Senate colleagues, Dr. Paul pulled no punches about the destructive effects of the FATCA law and the unsupportable claims that FATCA is a legitimate tool to combat tax evasion.”
http://isaacbrocksociety.ca/2013/05/07/senator-rand-paul-introduces-bill-to-repeal-fatca/
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