Last November, President Obama said that the United States has become “lazy” about attracting foreign investment, and suggested the government should become “more aggressive” to attract overseas dollars. Well, Mr. President, I have several suggestions. First, repeal the notorious Foreign Account Tax Compliance Act (FATCA), which will impose a 30% withholding tax on many money transfers out of the United States when it comes into effect in 2014. .After all, if people are investing in the United States, they might want to be able to get their money back out at some future point.