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RAFREE

(34 posts)
32. The U.S. Threatened with
Thu Dec 5, 2013, 11:33 AM
Dec 2013

a 30 percent with holding charge on the banks who did not go along on every U.S. transaction the bank does. This put the banks in a bad position here because they would be violating our Charter of Rights if they went along and face the charge from the U.S. government if they did not.

Hence the banks push the Canadian government to sign and IGA which legally would cover their behind but, do nothing for the customers. Of course and again the banks will get a bail out on this and average customers will get nothing except sold out. Banks pushed the government to sign. Canadians NDP, Green Party, Liberals, The Canadian Civil Liberties Association and others lobbied against it. Who do you think will win?

Also, if Harper caves and signs on which he will be forced to do even if we have to change OUR laws to do it then he will get his damned and hated Keystone pipeline deal for going along is the speculation here. So, I look for them to all join hands, smile at the camera whilst selling out the Canadian public and say "all is well, we got the tax cheats in line! All hail the pipeline deal too. Isn't that lovely how Canada loves the U.S."

Meanwhile nothing more will be said until the majority of the public finally finds out that a.) your bank rates are going up to pay for this. and B.) It does violate our Charter so we'll have to change some of our laws to do it and C.) Canada will get diddly squat for the millions they spend on it except Harper will get his hated Pipeline deal.

And thus is how the Banks, The U.S. government and Harper will sell out Canada to the bullies and in order to get whatever he wants while protecting the bankers. All will be sold as "going after tax cheats"

I don't know how they will explain Flaherty's previous outburst and remarks against this entire idea probably with some platitudes about how he got some compromises that will protect the innocent while nothing of the sort was done at all.

This whole thing reeks to high heaven.

What should have happened was full public debate here *all talks have been done behind closed doors* Parliamentary review, and full disclosure of what this means for Canadians. However, had they done that this never, ever would have passed.

I miss the elder Trudeau so badly right now because I know what he would have told the U.S. government they could do with their "FATCA"

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Missing is the escape clause if your last name is Romney and your Father is an immigrant. gordianot Dec 2013 #1
If you are an immigrant to the USA riverbendviewgal Dec 2013 #4
That truly is outrageous it is aimed at Canadians. gordianot Dec 2013 #7
No one can hide anything that is connected to the USA riverbendviewgal Dec 2013 #9
This sheet is addressed to Canadians but ALL the world is to be under the thumb of IRS riverbendviewgal Dec 2013 #5
April 13, 2013 letter to US ways and means committee. riverbendviewgal Dec 2013 #2
FATCA Is a crazy law riverbendviewgal Dec 2013 #3
Thank you riverbendviewgal.. nenagh Dec 2013 #6
Did you know? riverbendviewgal Dec 2013 #8
That is what everyone says now riverbendviewgal Dec 2013 #13
This message was self-deleted by its author nenagh Dec 2013 #14
Get your Cdn passport now. riverbendviewgal Dec 2013 #15
This message was self-deleted by its author nenagh Dec 2013 #16
the custom agents look at passports riverbendviewgal Dec 2013 #17
FATCA says it does one thing and does something entirely different RAFREE Dec 2013 #18
This message was self-deleted by its author nenagh Dec 2013 #19
Too many complicated fall out issues with this RAFREE Dec 2013 #20
This message was self-deleted by its author nenagh Dec 2013 #22
Sorry about the bad news nenagh RAFREE Dec 2013 #23
This message was self-deleted by its author nenagh Dec 2013 #28
RAFREE Welcome to DU riverbendviewgal Dec 2013 #21
Given how broadly the law defines "US person," would renouncing citizenship help at all? (nt) Posteritatis Dec 2013 #25
It will help you. riverbendviewgal Dec 2013 #27
What if I own an American made banjo dipsydoodle Dec 2013 #10
You are making light of a serious situation riverbendviewgal Dec 2013 #11
I would like to point out to you riverbendviewgal Dec 2013 #12
Extraterritoriality, ain't it just grand? Posteritatis Dec 2013 #24
Write to your MP. riverbendviewgal Dec 2013 #26
So what is to compel Canadian (or other) finacial institutions to comply with US law? Last I heard, 1monster Dec 2013 #29
The US CHIMO Dec 2013 #30
extortion and threats riverbendviewgal Dec 2013 #31
The U.S. Threatened with RAFREE Dec 2013 #32
I miss our prime minister Trudeau who would have told the USA to fuddle duddle themself riverbendviewgal Dec 2013 #33
Alas RAFREE Dec 2013 #34
Harper is a bad boy riverbendviewgal Dec 2013 #35
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