Why are Americans giving up their citizenship?

Jimbuna · 09-27-13, 02:47 PM

Now this really surprised me...the levels of disillusionment over tax appears to be growing...only small numbers atm but steadily growing.

I wish HMRC would chase the tax dodgers as much as the IRS does.

Quote:

The number of Americans giving up their citizenship has rocketed this year - partly, it's thought, because of a new tax law that is frustrating many expats.
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. It's still a small proportion of the estimated six million Americans abroad, but it's a significant rise.

http://www.bbc.co.uk/news/magazine-24135021

Ducimus · 09-27-13, 02:55 PM

Quote:

1,131 cases to 189 in 2012

Very small number. So small in fact, it leads me to think that there is probably a very specific factor involved. I wonder what tax bracket these folks are in, and what they do for a living. I would guess business executive types that keep most of their assets overseas as it is already.

soopaman2 · 09-27-13, 03:26 PM

Because they are uneducated, upper crust, cowards who have not had any "cash in the game"?

They are usually celebs with enough money to move out with no issues, they do not have any relatives in a cemetary due to wars, friends and family of elites are exempt from service.

That way, they can profit from the death, and denounce it at the same time...

BRING BACK THE DRAFT, NO EXEMPTIONS!

Let's see how war happy we are then.

I am 35 years old with a limp, I will go, anyone else willing? Or is war only cool on TV to you? Ben Affleck...Daniel Craig, Bruce Willis, enlistment time.

Jane Fonda, , time to go Hanoi whore. Crap or get off the pot, loudmouths.

STEED · 09-27-13, 03:38 PM

The Rich feel there is no need to pay Tax on the grounds they are few in number.

Speaking of the rich, the world's top 1% are estimated to have around £15 Trillion stashed away in secret locations.

AVGWarhawk · 09-27-13, 03:42 PM

Quote:

Originally Posted by STEED

The Rich feel there is no need to pay Tax on the grounds they are few in number.

Speaking of the rich, the world's top 1% are estimated to have around £15 Trillion stashed away in secret locations.

I'd tell ya where mine is but I would have to find a new hiding place.

STEED · 09-27-13, 03:43 PM

soopaman2 · 09-27-13, 03:45 PM

Quote:

Originally Posted by AVGWarhawk

I'd tell ya where mine is but I would have to find a new hiding place.

That's easy, where I stash mine, the rectum....

Err right????

Just kidding, I dunno.

Ducimus · 09-27-13, 04:05 PM

Quote:

Originally Posted by soopaman2

Because they are uneducated, upper crust, cowards who have not had any "cash in the game"?

They are usually celebs with enough money to move out with no issues, they do not have any relatives in a cemetary due to wars, friends and family of elites are exempt from service.

That way, they can profit from the death, and denounce it at the same time...

BRING BACK THE DRAFT, NO EXEMPTIONS!

Let's see how war happy we are then.

I am 35 years old with a limp, I will go, anyone else willing? Or is war only cool on TV to you? Ben Affleck...Daniel Craig, Bruce Willis, enlistment time.

Jane Fonda, , time to go Hanoi whore. Crap or get off the pot, loudmouths.

Man, I can't tell if your being sarcastic or genuinely pissed off.

soopaman2 · 09-27-13, 04:26 PM

Quote:

Originally Posted by Ducimus

Man, I can't tell if your being sarcastic or genuinely pissed off.

Pissed off, while trying to be kinda amusing about it.

All seriousness I am feeling closer to what Stalin instituted than what George Washington instituted.

I feel dirty and violated, and have a hard time defending American actions to others.

Something is broken with us. It is unfixable IMHO.

Wu tang Clan, rappers had an old term...

C.R.E.A.M

Cash Rules Everything Around Me!

(cream get the money, dolla dolla bill yall)

Ducimus · 09-27-13, 04:42 PM

Quote:

Originally Posted by soopaman2

Pissed off,

Well your not the only one upset over how things are and look to be going to.

This guy pretty much summed everything up in a couple minutes.

09-27-13, 04:38 PM

Quote:

Now this really surprised me...the levels of disillusionment over tax appears to be growing...only small numbers atm but steadily growing.

No taxation without representation.

09-27-13, 03:26 PM	#3
soopaman2 Der Alte Join Date: Sep 2011 Location: New Jersey, USA Posts: 3,316 Downloads: 61 Uploads: 0	Because they are uneducated, upper crust, cowards who have not had any "cash in the game"? They are usually celebs with enough money to move out with no issues, they do not have any relatives in a cemetary due to wars, friends and family of elites are exempt from service. That way, they can profit from the death, and denounce it at the same time... BRING BACK THE DRAFT, NO EXEMPTIONS! Let's see how war happy we are then. I am 35 years old with a limp, I will go, anyone else willing? Or is war only cool on TV to you? Ben Affleck...Daniel Craig, Bruce Willis, enlistment time. Jane Fonda, , time to go Hanoi whore. Crap or get off the pot, loudmouths. __________________ If Hitler invaded Hell I would make at least a favourable reference to the devil in the House of Commons. -Winston Churchill- The most fascinating man in the world.

09-27-13, 03:38 PM	#4
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	The Rich feel there is no need to pay Tax on the grounds they are few in number. Speaking of the rich, the world's top 1% are estimated to have around £15 Trillion stashed away in secret locations. __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!

09-27-13, 03:43 PM	#6
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	__________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!