In this new video on spending restraint for the Center for Freedom and Prosperity, Dr. Dan Mitchell of the Cato Institute tells us:
"Even though it violates existing law, the IRS is seeking to impose a regulation that will discourage foreign investment in the U.S. economy and undermine the competitiveness of American banks. This CF&P Foundation video provides five reasons why this proposal is misguided, including the risk to innocent people living under corrupt and tyrannical governments."
