The inaugural edition of Testiphi, a new on line publication focuses on expatriates and has an article The FATCA Of The Matter
At last, someone is showing “There is another side of the story.” This article features Victoria Ferauge (aka Victoria) and Lynne Swanson (aka Blaze).
Victoria tells it as it is:
FATCA doesn’t stand a chance in hell of catching those tax evaders. People who are rich enough to move their money from one country to another and do it to escape taxes have many ways of getting around this law. All FATCA will do is cause a lot of damage to the innocent and destroy the ability of Americans to enjoy the fruits of globalization – to be as mobile as the British or the French or the Chinese.”
The article also reports on the growing underground movement of Isaac Brock Society, Maple Sandbox and Franco-American Flophouse.
Victoria again nails it:
“The movement has no real center or appointed leaders but it is becoming a powerful network” Ferauge, who successful battled cancer, said. “Google recent articles about Americans abroad and FATCA online and you will see hundreds of comments. This is the Diaspora in action. No sooner does an article come out then it is emailed, tweeted and posted all around the globe. The response is almost immediate with people weighing in from Thailand, Mexico, Europe, South America and many other places.
It’s quite extraordinary.”
So, let’s continue to fight. Except I don’t think anyone can call us underground anymore. We’re quite above ground and fighting the battle publicly.