What's FATCA? Global Banking Meets NSA But Reports To IRS

Forbes: FATCA was quietly enacted in 2010 in a big messy bill called the Hiring Incentives to Restore Employment Act of 2010 (P.L. 111-147). Who names these bills? If you are paying higher healthcare premiums today, note that Obamacare is actually called the Affordable Care Act. And has any “Tax Simplification Bill” actually done it?

Read article