Skip to comments.Why are Americans giving up their citizenship?
Posted on 09/26/2013 6:19:38 PM PDT by PotatoHeadMick
The number of Americans giving up their citizenship has rocketed this year - partly, it's thought, because of a new tax law that has frustrated many ex-pats.
Goodbye, US passport.
That's not a concept that Americans contemplate lightly. But it's one that many of them seem to be considering - and acting on.
The number of expatriates renouncing their US citizenship surged in the second quarter of 2013, compared with the same period the year before - 1,131 cases to 189 in 2012.
The list is compiled by the Federal Register and while no reasons are given, the big looming factor seems to be tax.
(Excerpt) Read more at bbc.co.uk ...
Blue Cross Blue Shield will become a quasi-govt agency and will do the bidding of it's masters in the govt. bureaucracy. The customer/serf will do as they are told and health care will be rationed for all except those in power.
I don't intend to comply. I am trying to establish bank accounts in Panama and purchase property there. The health care there is good and if they don't have something I can go across the border to Costa Rica or across the ocean to India, Singapore, or the Philippines.