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Forum Post: Almost 1,800 people renounced their U.S. citizenship in 2011, citing Tax Rules when living in foreign countries

Posted 1 year ago on April 17, 2012, 6:30 p.m. EST by Middleaged (5140)
This content is user submitted and not an official statement

Special Report linked in Drudge Report today.

Reuters News, Special Report: Tax time pushes some Americans to take a hike, By Atossa Araxia Abrahamian, Mon Apr 16, 2012 12:34pm EDT.

A lot of this article is about people that already live overseas. But you can get a sense of a loss of freedom, a loss of privacy, control of the government, and increasing pressure from government regulations or tax rules.

The article doesn't really mention it, but people do leave the US because of the US Foreign Policies of 1) Attacking Failed States 2) Right to First Strike 3) Monroe Doctrine 4) US Convert Actions to over throw governments or assassinate foreign leaders.

I conclude it is time to scape and reform the complicated, depressing, onerous, time consuming, confusing, overblown US Tax System.

http://www.reuters.com/article/2012/04/16/us-usa-citizen-renounce-idUSBRE83F0UF20120416

Below are some of the major points highlighted in the article posted today in Reuters:

1) LIABILITY, NOT PRIVILEGE
2) OLD, NEW REGULATIONS
3) 'TOO EXPENSIVE TO KEEP'
4) WOMEN IN A TOUGH SPOT
5) DIVORCE OR DISCLOSE
6) Many say they parted ways with America for tax reasons

http://www.reuters.com/article/2012/04/16/us-usa-citizen-renounce-idUSBRE83F0UF20120416

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