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Republicans vote to help tax dodgers!!!

littlejoe

Well-known member
If you llked the way Romney looted co's and sent jobs overseas---you'll love this!!

Enjoy!


Republican Party to vote for repeal of U.S. anti-tax dodging law

.

Reuters
By Patrick Temple-West
January 21, 2014 6:49 PM



GOP image still muddled, a year after suggestions Associated Press
It's official: Republicans are done trying to kill ObamaCare The Week (RSS)
U.S. judge tosses bankers' suit over rules to fight tax-dodging Reuters
Republicans vote in special primary in bellwether Florida district Reuters
RNC ditching role of ad maker, funder Associated Press

WASHINGTON (Reuters) - The Republican Party is expected to approve a resolution this week, calling for repeal of an Obama administration law that is designed to crack down on offshore tax dodging.

In what would be the party's first appeal to scrap the law -

the Foreign Account Tax Compliance Act (FATCA) - a panel was slated to vote at the Republican National Committee's (RNC) winter meetings in Washington, likely approving the resolution on Friday, according to party members driving the repeal effort.

If adopted, the anti-FATCA resolution would reflect the party's political priorities for the time being but would not change its presidential campaign platform, according to the RNC.

Approved in 2010 after a tax-avoidance scandal involving a Swiss bank, FATCA requires most foreign banks and investment funds to report to the U.S. Internal Revenue Service information about U.S. customers' accounts worth $50,000 or more.

Criticized by banks, libertarians and some Americans living abroad as a costly and unneeded government overreach, FATCA is on the books, but its effective date has been delayed repeatedly, with enforcement now set to start on July 1.

Repeal seems unlikely, but more political heat from Republicans could further complicate and delay implementation, said financial industry lobbyists.

Moreover, Republicans are eager to use FATCA as a campaign and fundraising issue against Democrats ahead of the congressional mid-term elections in November, RNC members said.

"I see FATCA just like Obamacare," said Solomon Yue, an RNC official from Oregon who is leading the party's FATCA repeal effort. "It will attract American overseas donors."

Defending the law, Treasury Department spokeswoman Erin Donar said in a statement: "FATCA continues to gain momentum and international support as we work with partners around the world to fight offshore tax evasion."

Republican Senator Rand Paul last year introduced legislation to repeal parts of FATCA, citing privacy concerns.

Daniel Mitchell, a senior fellow at the Cato Institute, a libertarian think tank, said: "It's hard to imagine an issue this obscure playing a visible role in elections ... It is making overseas Americans far more sympathetic to (Republicans) and could have an impact on fundraising."

Have they no shame??!!

Sic 'em Larry!

Quack, etc!
 

Tam

Well-known member
I guess Obama needed to appoint more Department heads and hire more White House staffers and the Republicans were just clearing the way for him.

BTW little joe wasn't it Obama that appointed Jeffery IMelt of General Electric as Chair of his Jobs Counsel in charge of creating US JOBS right after Ol Jeffery banked a good share of GE's profits off shore and shipped thousands of GE's jobs to China? I'm guessing that is why the US unemployment rate is still at record high levels eh little joe? :roll:
 

Steve

Well-known member
LittleOT said:
If you llked the way Romney looted co's and sent jobs overseas---you'll love this!!

still repeating that lie...

But after reviewing numerous corporate filings with the Securities and Exchange
Commission, contemporary news accounts, company histories and press releases, and the
evidence offered by both the Obama and Romney campaigns, we found no evidence to support the claim that Romney — while he was still running Bain Capital — shipped American jobs overseas.

“Mitt Romney ran one of the most successful venture/private equity firms,” Howard Anderson, a professor at MIT’s Sloan School of Management, told us. “In some cases, they built terrific companies – like Staples, like Sports Authority. Often they would go into a company and attempt to improve operations -- They didn’t always succeed, but their record from 1985 to 1999 was that they returned 88% each year on their fund, one terrific record. They were not raiders. They came in only with the assent and aid of management — they were invited in.”

you could read the entire fact check article.. but I doubt you will.. like the rest of the uniformed voter you took the obama' lies and got into lockstep with the cult..

http://www.factcheck.org/2012/06/obamas-outsourcer-overreach/

another update with more of those Pesky facts you liberals hate..
This has become a key point of contention, because Obama TV ads accuse Romney of shipping U.S. jobs overseas. We reported that the Obama campaign had failed to back up its claims (“Obama’s ‘Outsourcer’ Overreach,” June 29)

http://www.factcheck.org/2012/07/romneys-bain-years-new-evidence-same-conclusion/

another..

The Obama campaign complains that we got a key fact wrong in our June 29 article, “Obama’s ‘Outsourcer’ Overreach.” We strongly disagree. We find the Obama campaign’s evidence to be weak or non-existent

http://www.factcheck.org/2012/07/factcheck-to-obama-camp-your-complaint-is-all-wet/

We find little evidence that the particular firms were "pioneers in outsourcing." The Obama campaign took the word from the Washington Post but used it as its own.

The Obama campaign's statement would have voters believe that Romney played a key role in driving the outsourcing phenomenon. We find that an exaggeration.
http://www.politifact.com/truth-o-meter/statements/2012/jul/13/barack-obama/were-romneys-companies-pioneers-outsourcing/

but liberals will cling to dis-proven liberal sources and clutch them as if they were the gospel truth.. even long after they have been discredited.

so now we can expect the weak minded liberals to dredge up discredited articles and claim they are still true..

and no, we don't love it when liberals repeat a lie..

they should be honest and upfront.. but nope,.. liberals just keep telling whoppers..
 
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