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FATCA explained in a four minute satirical sketch

While FATCA is no laughing matter this video is a well-done satirical take on FATCA explaining in a simple way the consequences of a law that has burdened many. This is what the makers had to say:

FATCA is a crazy law that the United States Congress has decided to impose on the entire world. Basically we’re building a world-wide empire subject to the Internal Revenue Service (IRS). This video cuts through the BS and explains the law in the simplest terms possible.