Free Republic

The Financial Repression Authority has consistently shown that Regulatory changes which "Ring Fence" US investors choices is a cornerstone of the Macro-Prudential Policy of "Financial Repression". Through stealth programs like FATCA and PFIC the US government has steadily and quietly limited Americans ability to take cash out of the country and to invest abroad, other than through profitable public exchange traded products sold by the financial industry. However, it is one thing to shut the doors to American investing abroad but it is quite another to fully open the doors to foreigners! It begs the question why, why now and...

In my last two blog posts, I have been critical of the government on New York City property taxes and the proposed reduction of the 1031 exchange. For a change, I wanted to voice my support for a potential tax revision regarding the Foreign Investment in Real Property Tax Act (FIRPTA). This tax would greatly boost foreign investment in US properties, and lead to job creation, stimulation of the economy and further increase property values. On March 29th, President Obama released major proposals to encourage private investment in US infrastructure as part of a proposed Rebuild America Partnership. For international...

U.S. government mulls luring foreign property owners Ilaina Jonas - Analysis NEW YORK Fri Apr 16, 2010 4:36pm EDT NEW YORK (Reuters) - Tax breaks may not be enough of a sweetener to bring foreign buyers back into the flailing U.S. commercial real estate market, where falling rents, rising vacancies, a scarcity of debt financing and lack of property for sale have acted as deterrents. Congress is considering a move to lower or eliminate U.S. taxes currently imposed on foreign investors of U.S. commercial real estate, where the number of sales has fallen off a cliff over the past two...