Released: Filed Under: Stoa Policy
About "FATCA (AFF)"
Case Summary: The Foreign Account Tax Compliance Act (FATCA) imposes burdensome reporting requirements on US citizens and foreign banks and financial institutions involving accounts held by US citizens outside this country. The burdens are so great that foreign banks are refusing to do business with US citizens, and some US citizens are even renouncing their citizenship. It was supposed to crack down on income tax evasion, but it has had almost no benefit. In addition to all cost and no benefit, it also violates the civil rights of US citizens by its invasive demand for information and presumption of guilty until proven innocent. This plan repeals FATCA.
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Coach Vance debated in National Forensic League debate while in high school from 1979-1982. In college, he judged at high school NFL tournaments in North Carolina. A homeschooling dad himself, he realized the growing potential and benefit of homeschool debate and switched over to coaching homeschoolers a couple years later. In 2001, he helped Chris Jeub with bringing The Blue Book to a more advanced level. He has been co-authoring Blue Book ever since.