Americans Renouncing Citizenship at Record Levels to Protect Wealth

Fox News Latino ^ | June 2012

[foundedonpurpose]

“In a rational nation, that would be called a “clue.””
Most nations in decline are not overly full of rational people.

[hosepipe]

With no rich people who will pay the bills...
FREE healthcare may end up being pretty expensive..

[SeekAndFind]

RE: So much for “...we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.”

We gotta remember, that was in the context of getting rid of the yoke of a King who was oppressing and taxing them.

[DTogo]

We gotta remember, that was in the context of getting rid of the yoke of a KingPresident who was oppressing and taxing them.

Very minor "history repeating itself" adjustment for ya. ;^)

[Freedom_Is_Not_Free]

Let’s see...

Remain a citizen of the most free nation ever to exist on planet earth and have a radical communist Muslim illegal for a president, or renounce citizenship.

Hmm. Tough choice.

Point being, I never thought I would live to see the day when I would admit there could be some upside to renouncing one’s US citizenship. Heck, I can’t even say the phrase “renounce US citizenship” without thinking of the story “Man without a Country”, so deep an impression it made on me in my youth.

Ouch! Like Aesop’s fable’s, once again I stumble across a book that I read as a child that helped me appreciate liberty and develop patriotism. Contrast that against modern children, the vast majority of them never read a single patriot book from their parents. No wonder they become brainwashed so easily.

Man Without a Country is a short story, linked below:

http://www.bartleby.com/310/6/1.html

[Freedom_Is_Not_Free]

The history of the federal income tax tells us that the rich can beat the system, and they do this by getting the government to shift the burden onto the populace as a whole.

You can't be serious. Are you ignorant to the fact 50% of that whole populace pays no federal or state income taxes? There goes half your claim.

Are you ignorant to the fact that the top 10% pay 71% of Federal income tax, or that the top 1% pay 38% of all federal income taxes?

I admit that the rich have the means to beat the system to some extent, reducing their paper liabilities dramatically, but your claim that the whole population is paying the tax burden is preposterous and far from true.

[dfwgator]

From Top Secret!

Hillary Flammond: My uncle was born in America.
Nick Rivers: Oh, really?
Hillary Flammond: But he was one of the lucky ones. He managed to escape in a balloon during the Jimmy Carter presidency.

[RobbyS]

The progressives intended that ONLY the 1% pay the tax on income. But during the war, the government jacked up the rates AND began to create brackets for less wealthy people in order to prosecute the war, just as in the Civil War. After the War, the rich got the rates lowers, but the less wealthy continued to share the burden. In 1935 FDR declared class warfare on the rich, as a way of lowering the deficit. When the war came, however, the rates went up against and now , for the first time, the truly middle-class person was forced into the system with the introduction of the withholding tax. After the war, the top rates remained low, but the wealthy began to work the system and their lobbyists began the win exceptions for their interests. The medical insurance scheme was just one way to reward employees without paying them higher wages.

[Wolfie]

Meanwhile, our troops are fighting and dying to protect their way of life. Some people are shameless.

[RobbyS]

I am not saying anything more than what Aristotle is attributed as saying, which is that those who own the wealth, own the government. In a socialist state, of course, that might include a different set of people.But this word “private.” does it means anything more than not under the direct control of the State?