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Started By
Message

People giving up citizenship
Posted on 4/27/14 at 12:16 pm
Posted on 4/27/14 at 12:16 pm
LINK
quote:
Last year, the U.S. government reported a record 2,999 people renounced citizenship or terminated permanent residency; most are widely assumed to be driven by a desire to avoid paying taxes on hidden wealth.
Posted on 4/27/14 at 12:17 pm to darkhorse
quote:Good for them.
most are widely assumed to be driven by a desire to avoid paying taxes on hidden wealth.
Posted on 4/27/14 at 12:19 pm to darkhorse
Well at least they aren't grazing on government land, right?
Posted on 4/27/14 at 12:20 pm to darkhorse
InB4 we need to impose some form of exit tax on these cheats.
Posted on 4/27/14 at 12:30 pm to Jbird
quote:
InB4 we need to impose some form of exit tax on these cheats.
Already done...
quote:
Dunn remained an American. But he was alarmed by a change in U.S. law requiring those with more than $2 million in assets to pay an exit tax if they gave up citizenship.
Posted on 4/27/14 at 12:36 pm to darkhorse
quote:Such bullshite.
Dunn remained an American. But he was alarmed by a change in U.S. law requiring those with more than $2 million in assets to pay an exit tax if they gave up citizenship.
Posted on 4/27/14 at 12:43 pm to Scruffy
These people won't come back no matter what. Lowering taxes would not bring them back. It's lost revenue.
We have 2 more years of this before any hope of reversals.
We have 2 more years of this before any hope of reversals.
Posted on 4/27/14 at 12:51 pm to darkhorse
It's going to take years to repair things enough to stop the hemorrhaging before even getting into reversal.
Posted on 4/27/14 at 2:15 pm to darkhorse
quote:That is a subtle way to demonize them. Many of them simply dont want to pay US taxez just bc they are US citizens. Why should they pay taxes here and there when they live and work in another country? Some of them have been married and living elsewhere for decades.
to avoid paying taxes on hidden wealth.
Posted on 4/27/14 at 2:33 pm to darkhorse
Well since illegals are treated so fondly by this administration, why not?
Posted on 4/27/14 at 2:44 pm to darkhorse
I would leave this country in a heartbeat if I could. And it's not about taxes. A lot of things are irreparably broken.
Posted on 4/27/14 at 2:51 pm to darkhorse
Good riddance. Especially the douche from Tulane.
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