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Politics : Foreign Policy Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (9683)4/28/2010 11:21:52 AM
From: TimF  Read Replies (1) | Respond to of 15994
 
It isn't a transfer of wealth. Renouncing your citizenship to avoid taxation is a way to avoid a transfer of wealth. As for the Mexicans coming to the US (whether illegal aliens, legal residents, or eventually citizens), they might get wealth transferred to them by government welfare programs or other forms of subsidies or transfers, but then those government programs are where the transfer is coming from. If they make more in the US than they could in Mexico, by their own labor, or investment, than they are creating wealth, not having it transferred to them.

The citizenship itself is not something best seen as wealth. It can provide opportunity to create wealth but that isn't the same thing. It can also provide cost that reduces your wealth (which is why some are renouncing their citizenship).