Canadian Politicians fight for Canada's sovereignty

[riverbendviewgal]

Here is a link to the NDP press conference on FATCA Monday morning with the first press story that just came out on it. The press conference was held by our finance critic- Nathan Cullen- and our Revenue Critic- Murray Rankin- who are both taking the lead on this issue. Charlie Angus. MP NDP is working with them on fighting FATCA.

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Here is the Press story.

With the concerns of constituents filling up their inboxes and voicemail, on Monday the NDP repeated their demand that the Conservatives remove a recently-signed tax agreement with the United States from the omnibus budget bill.
In February the Harper government announced the signing of an intergovernmental agreement with the U.S. that would meet the requirements of the American Foreign Account Tax Compliance Act (FATCA) — a 2010 American bill that targets American tax evaders by forcing foreign banks to report U.S. taxpayer accounts to the Internal Revenue Service (IRS).

http://www.ipolitics.ca/2014/05/05/get-fatca-out-of-the-budget-bill-ndp-urges/

One comment on the story:

“We treat our friends as badly as we treat our worst enemies. If you try to help us by investing in our economy there’s a pretty good chance we will come up with a scheme to steal a big chunk of your money. Don’t feel hurt, we treat everybody this badly.”