Democrats own FATCA, which is wreaking havoc with even basic financial services available to Americans abroad. Those nine million Americans are feeling its effects, and they are not happy. Expect them to vote accordingly.
Americans abroad, take note: If the mandate is upheld, there is nothing to stop the American government from applying it to you, too–including fines/taxes up to $1,900 per family per year–regardless of whether you are involved in the U.S. economy in any way, simply by virtue of your citizenship. Continue reading