Wow! Republicans to pass resolution calling for repeal of FATCA



The Republican party is expected to pass a resolution on Friday calling for the repeal of the Foreign Account Tax Compliance Act (FATCA) (Hat Tip: Memeorandum).


If adopted, the anti-FATCA resolution would
reflect the party's political priorities for the time being but would
not change its presidential campaign platform, according to the RNC.



Approved
in 2010 after a tax-avoidance