Posted on 02/10/2014 7:21:01 PM PST by SeekAndFind
What I’d like to know is — What Citizenship did these Americans acquire prior to renouncing American citizenship?
Hope & Change, baby!
When they start putting up fences to keep people in, you know it’s past time. This is a strong step in that direction.
“What Id like to know is What Citizenship did these Americans acquire prior to renouncing American citizenship?”
Varies widely. Many live overseas and already had dual citizenship. FATCA and other ridiculous compliance has made them realize keeping US citizenship has few advantages. It is foolish on the part of our country to persecute our citizens.
They are probably ‘citizens’ with stolen identities.
My first guess is “aging population.” Weird drop off from ‘06 through ‘09 though.
Maybe this is when we'll finally get a fence along the Mexican border. The razor wire on the top will be on our side.
The article says: We do not believe that the primary reason for the increase in expatriations is for political purposes or for individuals to reduce taxes.
Then it says they’re doing it because of taxes.
I have to admit I’d do it if I could. This ain’t my America.
he Land Of The Free ain’t what it used to be.....
The minute Texas secedes, you’ll see that number quintuple.
You’ll find me at the front of the line.
I’m guessing a lot of people held off in 2012 to vote against Obama, then jumped ship when that fell through.
I no longer think of myself as just an ‘American’ because USA citizens are being hoodwinked into accepting any person in the ‘Americas’ equivalent to a USA citizen. I think it is time the use of ‘American’ not be identical to a USA citizen. My Constitution is titled ‘The Constitution of the United States’.
2004 was the last time that I was in America, and I have no plans to return, but I can not imagine giving up my citizenship, not to mention, it is the only passport that I have.
A lot of renouncers are ‘accidental’ Americans. They were born here only lived here a short while and moved back to their parents native country. Now they are getting letters from IRS or learning that they are responsible for some taxes. They have little or no connection to the USA. This not only affects citizens but green card holders as well.
The IRS can now also do an audit on your foreign spouse to see if your hiding money with them. I believe that was the big reason Tina Turner renounced her US citizenship as she has a very wealthy Swiss husband.
This pretty much sums up about all of the reasons I have heard from ex-pats with whom I've spoken with on this topic.
Except for two (2) full blown loonies, the I.R.S. has been the root of their decision.
And none, except for the loonies, took the matter lightly.
RE: 2004 was the last time that I was in America
Don’t you have any contingency plans in case the next super typhoon hits your area? :)
“Dont you have any contingency plans in case the next super typhoon hits your area? :)”
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Hahahaha, that would be the least of my worries.
Typhoons are not tornadoes, as I had back in Tennessee.
I had one of those hit my plastics factory one night, with no warning.
Typhoons are the south Pacific version of hurricanes. Unlike tornadoes, We have many days of tracking and warning.
In the five years here, we have taken only one precautionary move to a hotel that is only a few blocks from my beach house. We did that only because of our three year old boy. That was quite recently. As it was, there was no damage to our house. Electricity was out only for a few hours.
If we do want to evacuate to very high ground, 3000 foot elevation is in our same municipality.
Well, I’m glad you have everything planned out.
I was in the Philippines over 20 years ago, but never went to the Visayas. I stayed there for 3 years working with an American semiconductor company to keep it up and running ( even learned to speak some Tagalog on the way ).
But I had to file taxes on my earnings IN MANILA to the US government.
So, living in the Philippines for 10 years, do you have income there? If so, you are required to file US income taxes on your income BY LAW or else.... well, let’s just say the IRS deems you a tax criminal.
I know the whole thing is ridiculous, but then, it’s been like that since we abandoned the original intent of our constitution.
One other solution is probably to apply for Philippine citizenship ( I think they recognize DUAL citizenships ).
I’d give anything to see this stupid, unconstitutional, tyrannical law abolished.
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