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Is H.R. 2847 (FATCA) the worst federal law of the year?

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Considering how inept and indeed, criminal, Congress is, to call something the "worst" law really says a lot. But that is my opinion, and I'll let you be the judge.

If you haven't already, you soon will hear a great deal of garbage about a truly garbage law: H.R 2847, aka "Hiring Incentives to Restore Employment Act" aka HIRE.
Summarized in Wikipedia, one purpose of the law is:
. . . to provide payroll tax breaks and incentives for businesses to hire unemployed workers.
The details aren't the point, which is that the law is based on three myths.

Read the rest of the story HERE:

At mythfighter.com

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)

Related Topic(s): Job Unemployment; Law; Law Of Supply And Demand; Laws; Unemployment; Unemployment Benefits; Unemployment Rate, Add Tags

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