Record Number Of Americans Renouncing Citizenship
They must be really upset with this Republican Congress.
3,415 people renounced their American citizenship in 2014, a 14 percent jump from 2013. According to deVere Group, a financial advisory firm, last year marked a new record for U.S. citizens giving up their passports.
CBS reported avoiding taxes were a prime motivator for people giving up citizenship because a new law makes it harder for Americans to hide their assets from authorities. Four out of five of deVere’s clents said they would consider handing in their passports to avoid the Foreign Account Tax Compliance Act, or FACTA.
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D.B. Hirsch is a political activist, news junkie, and retired ad copy writer and spin doctor. He lives in Brooklyn, New York.
OldLefty February 14th, 2015 at 8:32 am
Bye, Now!!!
Buh Bye!!!
raincheck February 14th, 2015 at 9:07 am
Perhaps, 3,415 people need to F..K OFF!! (At least the ones who don’t want to pay their “fair share”)
Budda February 14th, 2015 at 9:22 am
Oh, the troubles of the 1%
booker25 February 14th, 2015 at 9:36 am
Let the tax evaders leave, they were paying taxes anyway.
John Tarter February 14th, 2015 at 10:40 am
No, it’s the leftist Obama administration and it’s lawlessness that people have had enough of.
arc99 February 14th, 2015 at 10:42 am
Your bullsh*t runs head on into facts as these expatriates head for countries which have mandatory universal health insurance.
Unless of course they go to the right wing libertarian utopia of Somalia where there is no government and all the guns you want.
No way out February 14th, 2015 at 11:20 am
Wicked hammer job! That was for the win. Well done Arc!
Mike February 14th, 2015 at 11:09 am
I retire in 2 years and I’m moving to Germany (I already have a home there) and get ready…it’s not because of Obama but because they have a great health care system and a much higher standard of living…you should get out a little.
fancypants February 14th, 2015 at 6:37 pm
Believe it or not john this trend started just before gwb got his war machine started.
Ask Canada about the sudden border jumpers who decided to be Canadian citizens Just in case the military draft kicked in ?
rg9rts February 15th, 2015 at 8:59 am
Moron
Looking Glass February 14th, 2015 at 11:57 am
Outstanding, America, LOVE IT or LEAVE IT……Please, take your money and your skank A$$ and go you republican scum……BTW did I not see rUsH Limballs in Costa Rica complaining same….????…..Buh Buy you TAX DODGERS and U Draft Dogers like that SCUM BAG 5 deferment CHANEY….POS, FREEDOM is not FREE we ALL must contribute to this GREAT Nation………Goodbye U SCUM.
veggiedude February 14th, 2015 at 12:20 pm
Why can’t Rush and the Cat Scratch Fever guy leave with them when they both promised they would???
Looking Glass February 14th, 2015 at 12:21 pm
BTW, I dislike any and all rePublicans, A$$ kissing Communist China’s A$$ for a a dollar. Abortion BAD here…….FORCED ABORTION in COMMUNIST CHINA is just GREAT to you jesus Mutha Loving American rePublican SCUM U rePublicans are in League with the GODDLESS SCUM in COMMUNIST CHINA, American CHRISTIANS are in LEAGUE with SATAN……eat China A$$hole U commie RAT GOP
Looking Glass February 14th, 2015 at 12:29 pm
I am sorry….did I offend you….?????? GOOD!
mea_mark February 14th, 2015 at 12:56 pm
No, but you are going totally off topic.
Looking Glass February 14th, 2015 at 12:48 pm
BTW we don’t like teddy nugget
Looking Glass February 14th, 2015 at 12:49 pm
United States Navy, COMBAT FIGHTER SQUADRONS, VF-14, VF-124, VF-213…ALL of NAVY HATES tednugget
Foundryman February 14th, 2015 at 2:42 pm
Just wait until we decide to put a tax on any former citizen who does business or owns property here…bet they won’t like it to much..
fahvel February 15th, 2015 at 5:01 am
but it’s ok to allow aliens to invest and invest in the usa because of clever incentives ?????
Dwendt44 February 14th, 2015 at 3:07 pm
I doubt that few of these tax cheats are actually leaving the country. This does mean that they can be deported though.
rg9rts February 15th, 2015 at 8:58 am
Sent to Gitmo
Concerned50 February 14th, 2015 at 3:18 pm
Billionaire GREED: If
the only reason someone renounces their US citizenship is not to pay taxes, it
is time to place high penalties on that decision, starting with having a
business in the US a privilege, not a right.
FACT: Record Number of Americans Renouncing
Citizenship 3,415 people renounced their American citizenship in 2014, a 14
percent jump from 2013. Read more: http://www.alan.com/2015/02/14/record-number-of-americans-renouncing-citizenship-2/#ixzz3RkgydK9Z
FACT: 4,000 multi-millionaires, 572 billionaires do not pay taxes and will do
anything to not pay the government, no matter how many Americans are suffering
in poverty … estimated at 222 million in 2014.
4000 multi-millionaires as in Romney’s ‘47%’ http://money.cnn.com/2012/09/18/pf/taxes/romney-income-tax/index.html
FACT: 4,000 multi-millionaires including 572
billionaires in Romney’s ‘47%’ don’t pay Federal Income Tax robbing 95% of us
of a sustainable living.
http://money.cnn.com/2012/09/18/pf/taxes/romney-income-taxes-millionaires/index.html?iid=EL
FACT: How Bush Tax Cuts wiped out $6.6
trillion in personal income http://www.dailykos.com/story/2014/07/13/1313738/-Democrats-struggle-to-understand-how-Bush-Tax-Cuts-wiped-out-6-6-trillion-in-personal-income?detail=facebook
Michelle Terrell February 14th, 2015 at 6:07 pm
Make them pay a tax before the government accepts their renunciation.
Michelle Terrell February 14th, 2015 at 6:08 pm
And, make them pay a renunciation tax on any property they still own here.
rg9rts February 15th, 2015 at 8:57 am
The GOPEE flees the peoples paradise!