Last week, Lynne Swanson (aka Blaze) wrote an open letter to Flaherty, Mulcair and Trudeau. This week, I wrote a Open Letter to President Barack Obama, U.S. Treasury Secretary Jack Lew, IRS Acting Commission Daniel Werfel and Senator Carl Levin.
This is posted at The Money Guide.
In the letter, I ask:
Why do you want to FATCA me?
I assure them:
I am not a myth. I am not a tax cheat.
I then give them information about the “illicit activities” in my bank accounts–condo fees, electricity, charity donations, groceries and entertainment.
Because they are such poor money managers, I give them some financial tips.
I conclude by advising them to get their own house in order. And:
Leave me alone!