https://www.overlawyered.com/2015/01/unfolding-costs-fatca/ Chronicling the high cost of our legal system Fri, 02 Jan 2015 03:41:50 +0000 hourly 1 https://www.overlawyered.com/2015/01/unfolding-costs-fatca/comment-page-1/#comment-316347 Fri, 02 Jan 2015 03:41:50 +0000 http://overlawyered.com/?p=50462#comment-316347 I have read statements from FATCA defenders that the costs would start to even out if the EU, not necessarily tax-averse, accepted our implicit invitation to enact an interlocking FATCA of their own, creating a worldwide tax-collectors’ utopia. So far, I gather they have not shown much interest. Even if they wanted to start taxing expatriates on foreign income, they probably are wary of double-crosses by protectionists and other special interests in the US Congress.

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