tag:blogger.com,1999:blog-2424131704277823220.post6302481702263765279..comments2023-09-23T11:16:00.352+02:00Comments on The Franco-American Flophouse has moved: Flophouse Series: Taxing the DiasporaVictoria FERAUGEhttp://www.blogger.com/profile/16319699673885400472noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2424131704277823220.post-60395336798325701442012-08-20T15:35:09.148+02:002012-08-20T15:35:09.148+02:00Hi Christophe,
That is depressing. You didn'...Hi Christophe,<br /><br />That is depressing. You didn't get even one answer?<br /><br />I've had the same experience with reps in the U.S. When I lived in Seattle I always got an answer.<br /><br />Since I've moved abroad not so much.<br /><br />VictoriaVictoria FERAUGEhttps://www.blogger.com/profile/16319699673885400472noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-21607265417112598152012-08-16T18:41:00.448+02:002012-08-16T18:41:00.448+02:00Hi Victoria,
With regards to "Some countries...Hi Victoria,<br /><br />With regards to "Some countries like France have given their diaspora direct political representation", political representation is useful only when representatives are willing to communicate with their constituants. I contacted THREE times our newly elected one regarding FATCA and never got a single answer, not even to acknoledge the receipt of my communication. What's the point if they're only willing to discuss subjects they're confortable talking about. I am extremely disappointed.<br />I contacted my wife's senators in our home state, and here, I got in response not a standard form letter, but a private phone call where I was able to discuss my concerns with someone. Too bad I can't even vote for them.Christophenoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-45439290462102500742012-08-16T08:39:47.333+02:002012-08-16T08:39:47.333+02:00Hi Tim,
Sorry to reply so tardily (chemo 4 hit pr...Hi Tim,<br /><br />Sorry to reply so tardily (chemo 4 hit pretty hard this week). Thank you for giving some background on Canada. This move to create more transparency and to enlist governments in some sort of global tax regime sounds wonderful to those countries suffering from capital flight and/or fiscal crises. One has to ask though to what extent this is a pipe dream. Does the US or France really think such a thing will balance their books? I was reading that the percentage of national wealth held off shore by Americans and Europeans is 2% and 8% respectively. Hard for me to understand how going after that 2% is going to do much good. But it looks good to voters, right? Concerning Canada the government seems to be waffling a bit when it comes to FATCA and the like. Why aren't they being more aggressive in defending their sovereignty?Victoria FERAUGEhttps://www.blogger.com/profile/16319699673885400472noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-60493414240711711122012-08-12T16:48:29.086+02:002012-08-12T16:48:29.086+02:00So back to Canada. Given the history of Canada'...So back to Canada. Given the history of Canada's own budget problems and its "self" imposed austerity the idea that Canada has a moral obligation to help the EU and the US with sometype of Global high tax cartel, dispora taxes, Robin Hood Taxes, any of the other proposal that EU and US scholars put out to make the world a fairer place is going to tend to be met with a response of Go Screw. I remember an interview on Bloomberg TV with the chairman of the parliamentary Finance Committee during the big Global Bank Tax fight in 2010 when he quite clearly stated that both his constituents would be quite happy if Canada didn't implement a bank tax even if all other 19 G20 members wanted to do so.Timhttps://www.blogger.com/profile/03894651289037073128noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-71717324033618057202012-08-12T16:41:37.509+02:002012-08-12T16:41:37.509+02:00I'll be making a bunch of comments on this but...I'll be making a bunch of comments on this but first I will lay out a couple of big picture issues that have to be understood. First some Canada specific issues:<br /><br />When you hear proposals from the likes of Sarkozy or Patrick Weil about "global" tax cooridination you have to remember that Canada was 25 years ago basically broke. In fact one province Saskatchewan in 1992 was within days away from defaulting on its debt(Today Saskatchewan by some standards is the most fiscal sound province). However, at least in Canadian minds Canada fixed its own problems through its own self imposed austerity measures(The 1995and 1996 Federal budgets had DEEP cuts on a percentage basis well beyond any of the austerity measures being considered in the EU). Others particularily many EU and US commentators would tie Canada fiscal improvement during those years to the worldwide economic boom that was part of the dot com bubble and thus those deep Austerity measures of 1995 and 1996 could not be carried out in the EU or US without serious hardship.Timhttps://www.blogger.com/profile/03894651289037073128noreply@blogger.com