|
Obama's Secret New Tax
Dear Reader,
You may have heard about a new currency law coming to America.
On July 1st of this year, Title V of the Obama Administration's HR Bill #2847,
known as FATCA, goes into effect.
And after collectively spending more than 100 hours reading the actual
legislation and its associated news coverage, we found 4 concerns we think
you need to be aware of…
1. Most people mistakenly think they're not affected by FATCA. If you are a
U.S. citizen… or if you hold any of your money in U.S. dollars, this new
law definitely affects you.
2. The more you trade and invest, the more likely you are to get hit hard
by this new bill.
3. It is not difficult for an American tax payer to be labeled
"recalcitrant” as part of this new law. And as soon as you are…you
potentially become subject to a 30% tax.
4. The implementation of FATCA has been delayed several times, but now the
IRS says it will not be delayed anymore. It will go into full effect on
July 1st of this year.
In fact, on April 2nd of this year, the new IRS commissioner said,
"Whatever else we are going to do, we are going to implement the
non-discretionary legislative mandates we have been given: the Affordable
Care Act and FATCA”
We think every American needs to learn about this law, which is set to go
into effect in fewer than 70 days.
Get the facts, and learn how to protect yourself.
To help, we've put together a slide show presentation on our website, which
you can access free of charge.
Click here to learn more about this
new law.
Sincerely,
Mike Palmer, Senior Researcher
Stansberry Research
|
|
No comments:
Post a Comment