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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Noel de Leon who wrote (98295)	5/14/2003 6:22:50 PM
From: Brian Sullivan	Read Replies (2) \| Respond to of 281500

A tax law was passed in 1996 that said anyone who gives up their citizenship and is worth $500,000 or more, must be doing it to dodge taxes. This law, granted by Congress, gave the INS the power to label someone as a "tax dodger" and banish them from the US. Also, the IRS became intollerable of people who banish their US citizenship and show no mercy to anyone who does it by taxing them on all earnings for 10 years after they give up citizenship. usvisanews.com