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Americans Abroad

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riverbendviewgal

(4,360 posts)
Mon Sep 8, 2014, 09:50 AM Sep 2014

Renouncing U.S. citizenship is about to get a lot more expensive [View all]

A good article..If you are thinking of leaving.

http://news.yahoo.com/renouncing-u-s--citizenship-is-about-to-get-a-lot-more-expensive-150405883.html


Most homelanders responded to the Exit Tax with the usual “don’t let the door hit you in the ass” routine. The politics of envy works well with the masses.

However, $2,350 for everyone may turn out to be the “tipping point” in public opinion because it hits Joe Six-pack right in the wallet if he is thinking about perhaps wanting to leave.

The comments are definitely worth reading, the $2,350 for expatriation (emigration) appears to be blowing back, especially when juxtaposed with the $680 for immigration.
Over 2400 comments.
For example:

“Doesn’t this make us prisoners?”

“People can’t easily leave their country but their jobs sure did.”

“Instead of changing the reasons why Americans are renouncing their US citizenship, the government is worried about making a profit on the deal. Wealthy business owners and entrepreneurs are leaving as the US continues it spiral downward, economically, socially and morally.”

“US Gov’t. employees looking to suck on the Citizens teat treat Americans like dogs on a lease. No matter where you go in the world and make some money there the IRS wants their cut to spend as haphazardly as they wish. No wonder more people are packing it in.”

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