Government Shuts Down As Congress Fails To Reach Spending Agreement

Rattrap

Doesn't feed trolls and would appreciate it if you
Isn't FACTA the fair credit act? What's been changing about it?
Heh...FACTA is the Fair and Accurate Credit Transactions Act, but I mean FATCA, the Foreign Account Tax Compliance Act:
http://www.bbc.co.uk/news/magazine-24135021
A new law called the Foreign Accounts Tax Compliance Act (Fatca) will, from 1 July next year, require all financial institutions around the world to report directly to the US Internal Revenue Service (IRS) all the assets and incomes of any US citizens with $50,000 (£31,000) on their books. The US could withhold 30% of dividends and interest payments due to the banks that don't comply.
 

Rattrap

Doesn't feed trolls and would appreciate it if you
That no meat by products exist in liverwurst?
 
the only change over this shutdown is that federal government employees will have their paychecks delayed SMH political theater at its finest

 

Petra

Cult Mother and Simpering Cunt
Heh...FACTA is the Fair and Accurate Credit Transactions Act, but I mean FATCA, the Foreign Account Tax Compliance Act:
http://www.bbc.co.uk/news/magazine-24135021

Right, that one. It's not enough to make me want to give up my US citizenship yet and I haven't started running into problems. Netherlands hasn't signed the agreement yet, so it'll be interesting to see what they do next year. As it is right now, anything significant isn't in my name such as the house and my dutch pension isn't close to even needing to be reported on the normal taxes.

So we'll see what happens.

Of course, every year I get pissed even having to do US taxes since there's no way to do it online and every year the cost is getting steeper and steeper to just send in the fucking forms. Again, not enough to want to turn in my passport. Yet.
 

Rattrap

Doesn't feed trolls and would appreciate it if you
Of course, every year I get pissed even having to do US taxes since there's no way to do it online and every year the cost is getting steeper and steeper to just send in the fucking forms. Again, not enough to want to turn in my passport. Yet.
'Yet' is the key word for me as well; I think I might be able to float under its radar a bit using my British passport to open accounts, but my place of birth is still in the States, and everybody knows the US's anchor baby law (when looking for information about FATCA, I read a number of horror stories about Canadians born in border hospitals in the States with otherwise 0 ties to the US being chased after for this stuff).
 

Petra

Cult Mother and Simpering Cunt
'Yet' is the key word for me as well; I think I might be able to float under its radar a bit using my British passport to open accounts, but my place of birth is still in the States, and everybody knows the US's anchor baby law (when looking for information about FATCA, I read a number of horror stories about Canadians born in border hospitals in the States with otherwise 0 ties to the US being chased after for this stuff).

Currently I fly under the radar by making sure anything important is in my husband's name.

And yea, I've heard horror stories about the latent US citizens too. I just wonder how much profit the government is really making going after average people who didn't know they were a US citizen. After all is said and done, everything and everyone involved in the investigation is paid off, it's probably only pennies on the dollar.

It's also the same thing when it comes to my taxes. I haven't had to pay taxes once since moving to the NL, but how much money is wasted on going through the tax forms and processing it? How much money does the IRS really get from expats in the end vs costs, especially from the NL since wages are so much lower here compared to the US. If you were in IT and making $120k a year in the US, you can expect maybe 60k euro over here. That doesn't even come close to the exclusion limit these days.

Our government really doesn't make sense most of the time.
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
The way to solve this in the future is to link congressional salaries to any government shutdown. It would never happen again.

You beat me to it. Shut down their offices and expenses in Washington and home districts too. Running government is a job and if the bosses want to shut the business down then they should find a way to get it back and running it on their own dime.
 

Philbert

Banned
You beat me to it. Shut down their offices and expenses in Washington and home districts too. Running government is a job and if the bosses want to shut the business down then they should find a way to get it back and running it on their own dime.

I get it...kinda like lifting yourself by grabbing ahold of both ankles and pulling up.
Get the lawmakers, to make a law, shutting themselves down when they do booboo stuff like gridlock the government off...uh-huh.

I see a shiny quarter under your pillow...Tooth Fairy Entitlement Spending!
:)
 

Rey C.

Racing is life... anything else is just waiting.
The way to solve this in the future is to link congressional salaries to any government shutdown. It would never happen again.

Right. And who exactly would be tasked with accomplishing that? ;)

P.S. Oh, Philbert already beat me to it. Good catch, man.
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
So shutting the government down should be an avenue to changing laws? I don't like this Obamacare one bit but this shouldn't be the way to change laws. It's the little kid getting mad and taking his ball home so no one can play.
 

Mariahxxx

Official Checked Star Member
again, the right acts as if they won the presidential election and are entitled to make such demands. they didnt even come close to winning so where do they feel this right to demand this law be overturned? Obama ran on health care twice and kicked the shit outta both McCain and Romney, so clearly the American people are in favor of this law, as is the supreme court.

the shut down by the republicans just proves the point even more that they are losing ground and out of touch and put party first and the people who elected them down the line someplace. pitiful
 
What is pitiful is that you are such a dingbat. Have you read the entire law? Because it took me over 4 months but I read every word. And if it was the will of the people that was passed in 2010 then Obama fucked over the people and their wishes because the law in place now is not the law that was passed in 2010. But I didn't expect you to know that. Now about the members of congress that want to overturn the ACA, these members are from districts that they by margins of 60 and 70 percent and Obama barely captured 30 percent They don't answer to you or anyone they answer to their constituents if they want to be reelected. They are the real walk the walk small government repubs .For a chick that supposedly brings in a lot of cake each year you sure are holding out your hand for the free shit.
 
again, the right acts as if they won the presidential election and are entitled to make such demands. they didnt even come close to winning so where do they feel this right to demand this law be overturned? Obama ran on health care twice and kicked the shit outta both McCain and Romney, so clearly the American people are in favor of this law, as is the supreme court.

the shut down by the republicans just proves the point even more that they are losing ground and out of touch and put party first and the people who elected them down the line someplace. pitiful

Obama is a puppet who will do what he is told to do at the end of the day, those 'advisers" that every president has are really just order givers, and IMO many people in this country could care less about what happens on capitol line hill, just so long as they don't cancel the football season and make no mistake the supreme court will make decisions that their backers tell them to make, both the left and the right are as dirty as the day is long
 

Mayhem

Banned
Obama is a puppet who will do what he is told to do at the end of the day, those 'advisers" that every president has are really just order givers, and IMO many people in this country could care less about what happens on capitol line hill, just so long as they don't cancel the football season and make no mistake the supreme court will make decisions that their backers tell them to make, both the left and the right are as dirty as the day is long

Y'know, medical science has addressed the crisis known as vaginal itching. You should look into it.
 

Deepcover

Closed Account
again, the right acts as if they won the presidential election and are entitled to make such demands. they didnt even come close to winning so where do they feel this right to demand this law be overturned? Obama ran on health care twice and kicked the shit outta both McCain and Romney, so clearly the American people are in favor of this law, as is the supreme court.

the shut down by the republicans just proves the point even more that they are losing ground and out of touch and put party first and the people who elected them down the line someplace. pitiful

Republicans is taking hostages at the moment day by day and it's not pretty. It's actually shameful and dispicable on their part.
 

Mariahxxx

Official Checked Star Member
why the name calling counselor? how is my hand out for free shit? how do you figure that? I pay for health insurance and dont get a penny of free shit from the government. I know that this should be a single payer but because of the republicans it isnt. it still fattens the insurance companies

I know it isn't perfect but what we have had sucks and a massive failure.
 

Mariahxxx

Official Checked Star Member
and bragging about how much those wealthy white or racist districts won by means zip. overall, the democrats got 3 million more votes last time around. those pockets of racist and those wealthy sectors will always be republican. but the majority of people in our country are democrat and that margin is getting bigger every election.
 
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