Posted on 04/09/2010 11:47:25 AM PDT by Rodebrecht
The libs are experts at the Law of Unintended Consequences. In their zeal to right some perceived 'wrong,' they always make things worse.
Citizens want out.
Illegals want in.
This really is opposite land....
U.S. companies have been known to move their home base to an overseas branch office, while the U.S. location becomes a branch. That way, the company will have a lower tax burden, since extraterritorial taxation does not apply.
I’m seriously looking at Poland, it would take a lot for me to make the move, but it doesn’t hurt to start looking.
IRS agent to another agent in 2025: "Well now, let's see. TSR is living in New Zealand. He renounced his U.S. citizenship in 2015, and he has filed returns for the past 10 years as required. However, he hasn't sent checks, but simply scrawled a big "F&CK YOU" on the forms!"
Bookmark.
I think most people in Hollyweird are in the Outer Party, as it were, so they will have to pay taxes, but I don’t know how much clout they have against the IRS. Remember Wesley Snipes.
Y’know, the thought hit me just last week, “My forebears left the UK 300 years ago; but, what with with the distinctions between them and us vanishing daily, perhaps it’s time I take a look at moving back.”
Wesley tried to buck the system and was slapped down hard.
I’ve had several venture capitalist types tell me they’re moving assets overseas and getting the #### out of the country because they think we’re going “commie”.
“Americans with net worth greater than $2 million have had to pay an exit tax assessed on their assets.”
Interesting. It’s just what the nazis did to the jews who were fleeing germany. The only difference was that the exit tax was on all of their assets.
Give the federal swine time, and they’ll get around to that as well.
Don’t forget about the IRS exit tax created by the HEART Act of 2008.
Rather like Beck saying what are the people in the wagon going to do when there’s nobody left to pull the wagon.
I prefer Chile to Poland. Much as I admire the Poles, they are too close to Russia.
Chile: same environment, no natural enemies close by.
Except for Putin’s pal, Chavez.
2008?
Damn you, Democrats, and...
DAAAAAMN YOOOOOU, BUUUUUSH!!!!!
Other end of the continent, separated by jungles, deserts and very high mountains.
The IRS can’t force you to do sh*t of you surrender citizenship. They have enough problems trying to catch people here.
They might arrest you and charge you with tax evasion if you ever return to the US for a visit. So renunciation of citizenship would have to be a one-way trip.
Great point!!
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