[scannell]

OH, didn’t you hear. Now the Government has it set up that when you “leave” the country (i.e. renounce citizenship) that you must pay an EXIT tax on not what you earn but everything you OWN that equates with the estate tax.

[Little Pig]

Who said anything about renouncing citizenship. I’m just going on an *extended* sabbatical.

[magooey]

OH, didn’t you hear. Now the Government has it set up that when you “leave” the country (i.e. renounce citizenship) that you must pay an EXIT tax on not what you earn but everything you OWN that equates with the estate tax.

Hey, that's just like in the USSR. When people left, the government wanted recompense for the cost of their education. Of course the opinion makers in the States made huge complaints and noise about this. Now that the shoe is on the other foot, only silence.