“The truck, it turned out, had been everywhere but in the repair shop. Commandeered by one of his drivers, who was secretly working with federal agents, the truck had been hauling marijuana from the border as part of an undercover operation. And without Patty’s knowledge, the Drug Enforcement Administration was paying his driver, Lawrence Chapa, to use the truck to bust traffickers. Eight months later, Patty still can’t get recompense from the U.S. government’s decision to use his truck and employee without his permission.”
Tag Archives: Taxation Without Constitution
Blowback From U.S. Role As Global Tax Cop
“FATCA has grave implications for the United States, and for U.S. citizens investing or living abroad. Here’s what I foresee unless Congress repeals FATCA: Foreign inbound U.S. investments will collapse; FFIs and NFFEs will consider anyone with even the most remote connection to the United States as a ‘U.S. taxpayer’; and Foreign governments will retaliate against U.S. citizens. Many countries already prohibit certain nationalities from applying for residence or even visitor’s visas. When FATCA is fully implemented, U.S. citizens may well join these exclusion lists. That’s ‘blowback’—’the unintended adverse results of a political action or situation’—for you.”
https://nestmann.com/blowback-from-u-s-role-as-global-tax-cop/