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Wealthy Americans Jumping Obama’s Ship
Newsmax ^ | 06/23/2012

Posted on 06/24/2012 4:53:28 PM PDT by SeekAndFind

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To: mo

21 posted on 06/24/2012 5:46:03 PM PDT by SeekAndFind (bOTRT)
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To: SeekAndFind

It could be more complicated, but Australia doesn’t sound so great:

$180,001 and over $54,550 plus 45c for each $1 over $180,000

The above rates do not include the Medicare levy of 1.5%


22 posted on 06/24/2012 5:46:55 PM PDT by radioone
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To: Nachum

23 posted on 06/24/2012 5:48:12 PM PDT by SeekAndFind (bOTRT)
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To: SeekAndFind
Andrew Mellon, Treasury Secretary under Harding and Coolidge, said you can't tax the wealthy above 25%. They will take evasive action if you go higher. History has proven him correct. If FDR had had the sense to renew the Mellon plan of tax cuts and spending cuts, the Depression would have ended years earlier.
24 posted on 06/24/2012 6:30:24 PM PDT by hinckley buzzard
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To: SeekAndFind

And the “Progressives” are now promoting patriotism. I can barely recognize this society as the nation I once loved. Democracy or mobocracy has worked its mojo on another great civilization and there’s no going ‘back’. History has taught us nothing.


25 posted on 06/24/2012 7:13:50 PM PDT by griswold3 (Big Government does not tolerate rivals.)
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To: workerbee

Welcome to the Resistance!


26 posted on 06/24/2012 7:16:22 PM PDT by griswold3 (Big Government does not tolerate rivals.)
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To: workerbee
Obama can kiss my white American azz before I'd renounce my nation for the likes of a commie poser like him.

Although I cannot blame wealthy Americans for doing this, I do agree with you.
27 posted on 06/24/2012 7:22:04 PM PDT by Nowhere Man (General James Mattoon Scott, where are you when we need you? We need a regime change.)
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To: SeekAndFind

Man, what a loss. We coulda had SANTORUM.

Better on taxes, better on social conservativism.


28 posted on 06/24/2012 7:43:02 PM PDT by JCBreckenridge (Texas, Texas, Whisky)
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To: hinckley buzzard

Mellon is probably the greatest American patriot nobody has heard about.


29 posted on 06/24/2012 7:45:13 PM PDT by JCBreckenridge (Texas, Texas, Whisky)
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To: mo

A lot of this is natural fall-out from dual citizenship and passing out American citizenship to everyone.

A foreigner can come here, do what they want to make money and then go home, if they made a ton of money then they may desire to dump the no longer useful or important American citizenship.

Some of it is just our modern day Americans raised and educated into nothing but a single minded focus on wealth and self gratification, with no connection to anything more.

I doubt that many of these guys spend their evenings discussing patriotism or Jesus.


30 posted on 06/24/2012 9:21:19 PM PDT by ansel12 (Massachusetts Governors, where the GOP now goes for it's Presidential candidates.)
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To: LegendHasIt

“The thing is, where is there anyplace left that has any overall greater freedom?... “

There are plenty of places, I don’t think that you realize just how much of a police state the US has become nor how corrupt it is at the top. The elites are not the ones bolting as they have historically low taxation rates (witness all the Billionaires claiming to have lower tax rates than their secretaries like Warren Buffet)and have the access to politicians that make them immune to almost all laws (like John Corzine of MF global that stole $1.6B and will never see the inside of a jail cell or be required to pay any of it back).

Now look at the average citizen that has to be stripped searched and groped in the privates just to board a plane (elites fly private jets, just walk on and go), the FDA using SWAT teams to go after organic farmers selling raw milk, SWAT teams killing the family dog for fun, and on and on. We are also buried in red tape from every organization you can imagine, especially in the blue states like were I live in CA. We are no longer free, granted we still have not reached the level of some place like Cuba ... yet, but we are moving in that direction.

Most people on FR define freedom as only meaning one thing, the right to own a gun and carry it around for protection. That is about the only measure of freedom where the US stands out, in most other ways your average Mexican has more freedom than you do, which is why the tide is starting to reverse for those that have something to offer. For the welfare leaches the US is still the best as we hand out borrowed money like candy to anyone that squeezes out a baby. Sweet deal for someone that would be selling gum on the street corner in her home country.

Most of those giving up their US citizenship though are not US born refugees but people that came here for the opportunity (most on a H1B visa) but realized that their opportunities are better back home. Lots of guys from India and China that got their PhD in engineering here in the US and want to make a better life are going home. The brain drain in reverse. I’ve looked into some of these places that have a citizenship for sell and the cost is either too high for the average dude (like New Zealand where you need to be a millionaire) or the citizenship is in a country that you would not really want to live in (like some small impoverished Caribbean island where $50,000 can get you a new passport).

That plus the US dollar is loosing value at such a rapid rate that most third world countries are not as “cheap” a place to live as they once were. All in all it adds up to damned if you stay and damned if you leave so since I can’t speak a foreign language it’s stay put and like you watch the decline.


31 posted on 06/26/2012 2:33:15 PM PDT by trapped_in_LA
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To: SeekAndFind

They are starting to leave...the commies will have to put the hammer down soon before all the big fish get away. Look for new laws to keep people from leaving, a Berlin wall of legislation.


32 posted on 06/26/2012 8:18:43 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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