The Foreign Account Tax Compliance (FATCA) been called the “worst tax law you never heard of,” and for good reason, explains The New American’s Foreign Correspondent Alex Newman. Snuck into a Democrat “jobs” bill and signed into law by Obama, this bill has wreaked havoc on the lives of millions of perfectly innocent Americans overseas, harming the United States in the process. On top of that, this monstrous tax scheme is being used as the foundation for a new world tax regime that threatens liberty and privacy around the world.
