Topic: Sen. Rand Paul to Sue IRS
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Sat 06/27/15 08:39 PM

Sen. Rand Paul to Sue IRS, U.S. Treasury
For denying his constitutional right to vote on trade treaties...



by Ralph Z. Hallow | Washington Times | June 26, 2015
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Rand Paul is poised to become the first major presidential candidate in memory to sue the government he seeks to lead as president.

The Kentucky senator will take legal action against the U.S. Treasury and the Internal Revenue Service for what he says is the denial of his constitutional right to vote on more than 100 tax-information treaties that the Obama administration unilaterally negotiated with foreign governments, The Washington Times has learned.

In what the suit says is a violation of Article II, Section 2 of the Constitution, President Obama has not consulted the U.S. Senate about the treaties nor given the Senate an opportunity to approve or disapprove of the treaties. The administration calls them “intergovernmental agreements.” They require foreign banks to gather and share private financial information about millions of Americans living and working outside the U.S. — information they would not have to disclose to the U.S. government if they lived and worked in the U.S.

The treaties or agreements are the enforcement mechanisms of the Obama administration’s Foreign Account Tax Compliance Act (FATCA), enacted by a Democratic-controlled Congress in 2010


GET EM RAND!!!!

germanchoclate1981's photo
Sat 06/27/15 10:06 PM
Question: we all know that millions if not billions of U.S. Dollars cross our southern border never to return.
We also know that immigrants pour in from everywhere but top 4 Mexico China Japan India come in and get subsidies and high paying jobs and either retire and go back or stay here and siphon money into their economies.
We also know that other countries have taxes as well. You can't just hop on a plane to Germany or Italy and work under the table. For Americans that have chosen to live and work abroad why shouldn't we know what's going on? We being the citizens here being informed via the IRS. It seems like this would have some measure of relief from foreign tax sheltered funds. You can't run a bank without money right? Then how is it right for millions of dollars to go out unaccounted for and our deficit keeps growing? Since there is no gold standard, it still costs money to print money. Non criminals have nothing to hide and I'm sure if other countries banks are involved they want to have more potential to invest without having the money come back here in a double taxing situation. The fdic insures our accountsup to a certain amount so it's not like they don't know what's in there already.

no photo
Sat 06/27/15 10:32 PM

Question: we all know that millions if not billions of U.S. Dollars cross our southern border never to return.
We also know that immigrants pour in from everywhere but top 4 Mexico China Japan India come in and get subsidies and high paying jobs and either retire and go back or stay here and siphon money into their economies.
We also know that other countries have taxes as well. You can't just hop on a plane to Germany or Italy and work under the table. For Americans that have chosen to live and work abroad why shouldn't we know what's going on? We being the citizens here being informed via the IRS. It seems like this would have some measure of relief from foreign tax sheltered funds. You can't run a bank without money right? Then how is it right for millions of dollars to go out unaccounted for and our deficit keeps growing? Since there is no gold standard, it still costs money to print money. Non criminals have nothing to hide and I'm sure if other countries banks are involved they want to have more potential to invest without having the money come back here in a double taxing situation. The fdic insures our accountsup to a certain amount so it's not like they don't know what's in there already.


80-90% of americans are against the TPP, and yet they pass this crap in secrecy, nice transparency barry

germanchoclate1981's photo
Sat 06/27/15 11:06 PM
Congress passed it, so congress went against those approval ratings. I don't agree with everything the government does but this just sound redic. So the democratic house voted on it but Randy didn't? Us without our gold standard screwed us. We knew that our money wasn't all staying here because U.S. Currency is spendable everywhere but when the U.S. Mint's overhead goes above what we earn from exports we should be counting the eggs in the nest. There's no power switch on a dollar and once it leaves the U.S. It can't be reclaimed. That is unless we start asking questions we should have been asking a long time ago.
Immigration seems to be one policy the republicans are dead set against passing reform on because (imho) they need something easy to fix when the dems (mainly Obama) can't take credit for it.

germanchoclate1981's photo
Sat 06/27/15 11:20 PM
And with your mind, tell me what is this one particular lawsuit going to cost? Whoever loses the gov'tloses+ time and manhours+ legal fees+ court time+ in house investigations by 'impartial agencies'.....
Some poor bastard in the FBI is going to be caught up in Interpol red tape up to his eyelids and god help him if the SBI's for our banks or congressmen get involved.
I'm looking at it like this, if it brings home 10% of what money goes out it's worth it. We pay 28-33% in taxes so that's close to a third of our taxes. Tax shelters shouldn't be protected, they should be penalized and if you work and pay taxes abroad you're exempt. That's just honest and seems like a way to solve or at least attempt to solve one of our biggest financial problems.

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Sun 06/28/15 03:05 AM
Sen. Rand Paul to Sue IRS, U.S. Treasury

seems like bs posturing for his political image.
I think he just wants his daddy's voters.

germanchoclate1981's photo
Sun 06/28/15 12:26 PM

Sen. Rand Paul to Sue IRS, U.S. Treasury

seems like bs posturing for his political image.
I think he just wants his daddy's voters.

Would that be the false tea party anti gov'tgov't anti republican republican voter base?