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

To: Brian Sullivan who wrote (98306)5/14/2003 7:28:07 PM
From: Sun Tzu  Read Replies (1) | Respond to of 281500
 
This is very amusing. You could say this is government's way of saying they do not believe in the free market economics when it comes to citizenship. In other words, if you don't think the government services are not worth your taxes, then you no longer have the ability to opt out of it.

The whole point is to make renouncing of citizenship much harder and more "scary," if you will, so people won't flee the US to avoid taxes.

What a stupid idea. While the guy earned a living in US, he must have been taxed on it. After that what right does the government have to his posessions?



To: Brian Sullivan who wrote (98306)5/14/2003 11:05:23 PM
From: Sultan  Respond to of 281500
 
the IRS became intolerable 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.

Really ? Is that true.. Pretty repressive.. So one is no longer a citizen, does not live there, have no claims on any govt. services and presumably all old taxes are paid but IRS still can reach out and grab your future income for 10 years ? You sure it is the Land of the Free..


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