US increases citizenship renunciation fee from $450 to $2,350

Discussion in 'Too Hot for Swamp Gas' started by JerseyGator01, Sep 1, 2014.

  1. RealGatorFan
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    Simply not true. Point in fact is before Obama the vast majority of expatriates were those retirees that could live better on reduced Social Security. For $1,200/month, you could live quite well in places like Ecuador, Panama, and Chile. Healthcare is vastly cheaper too.
  2. RealGatorFan
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    What country charges it's citizens a fee to expatriate? Only the United States. In fact, the US is one of 2 countries that taxes it's overseas citizens - not even socialist/communist countries like Russia, China, and Cuba do it.
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  3. LittleBlueLW
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    how many retirees were doing that? And you can renounce your citizenship, move to ecuador and keep getting ss?
    Sounds like a great deal.
  4. BigCroc
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    This is a complete non-issue IMO.

    Despite its faults, this is still by far the best country in the world. Any people who wish to leave are more than welcome to do so - they won't find armed soldiers with orders to shoot them in the back as they scale walls in place to keep them from escaping.

    If the government wants to charge those who wish to officially renounce their citizenship an amount sufficient to cover the taxpayer cost of doing so, I have no problem with it. I don't feel any compulsion to subsidize the cost involved. If it's too high, the "renunciators" have the option of simply leaving and remaining US citizens or obtaining dual citizenship as available in many countries to which they can decide to "escape".
  5. rivergator
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    rivergator Well-Known Member

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    do you know that or just guessing? I looked one country: Great Britain, and it charges for renouncing citizenship.
  6. Spurffelbow833
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    Spurffelbow833 Well-Known Member

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    But we're free!
  7. chemgator
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    chemgator Well-Known Member

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    "Nyet."
  8. 108
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    On a side note, there seems to be this implication from conservatives that folks who leave, do it because they want to get away from Government burdening, yet oddly, they seem to move to counties with higher levels of socialism...
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  9. rivergator
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    rivergator Well-Known Member

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    they're moving for single payer health care.

    I also like the idea that they've leaving the U.S. and renouncing their citizenship because of Obama. Are they going to come back in Jan. 2017 and "Well, I wasn't renouncing it forever."
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  10. chompalot
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    chompalot Well-Known Member

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    We need to charge a whopper of a fee to Burger King.
  11. LittleBlueLW
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    There was only about 3000 last year. Not enough to worry about but it wasnt for single payer.
  12. OklahomaGator
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    OklahomaGator Jedi Moderator VIP Member

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    Warren buffet can pay his share too. I think he gets about 10% of the parent company.
  13. ArtDeco
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    ArtDeco Well-Known Member

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    Unbelievable the amount of ignorance displayed in this thread on a very relevant subject.
    For the liberals on here, understand that every other country on Earth (except Liberia, I believe) taxes its citizens based on residency, not citizenship status. So if a British person emigrates here and lives here, they pay US taxes, not British taxes. If you go and work in Britain, you file tax returns in BOTH countries. You could potentially pay taxes to two governments, although for most people, this is only in theory. (I think the IRS gives you credit for taxes paid to other governments)
    The expatriates you are talking about are not wanting to renounce, they are being advised by their accountants to renounce, or they are afraid of running afoul of the IRS. The freeloading liberal may not know this because he doesn't pay taxes, but there are substantial penalties for not filing a return on time, even if you owe nothing. So for most, it's a simple business decision. I told the story earlier this year of my patient who lives in Belize but still has to file US returns and pay US income taxes. The only way for him to avoid this is to give up his citizenship.
    Some truly unbelievable things being said on here by the usual suspects. Liberals wanting Americans who live in France to pay for their roads and welfare here in Florida. Those same liberals begrudge said American from drawing his/her Social Security which he/she paid into for 50 years. Classic "what's yours is mine and mine is mine" thinking on display here.
    One has only to look back a couple years on Too Hot to see said leftists telling posters like me to "leave if you don't like it". Now, they've refined their advice by adding "while we rob you and your children as you leave".
  14. vertigo0923
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    i know, right? i've always found humor in that.
    :D
  15. ArtDeco
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    ArtDeco Well-Known Member

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    lol
    Not as humorous as leftists clamoring for more money from expatriates. Most of those expatriates have already paid more into the system than all these lefty posters combined.

    Once upon a time, refugees came to America from totalitarian regimes with nothing but the clothes on their backs.

    How fitting that, under Obama, leftists would have some Americans fleeing a tyrannical US government and going to other countries with nothing but the shirts on their backs.
  16. ArtDeco
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    ArtDeco Well-Known Member

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  17. ArtDeco
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    ArtDeco Well-Known Member

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    Should this lady pay US taxes, leftists?
    http://online.wsj.com/articles/expa...u-s-effort-to-collect-taxes-abroad-1407856738

    Ms. Deegan was born in Washington state but has lived in Canada since the age of five. She has never worked in the U.S., nor has she held a U.S. passport or paid taxes there.
    "I consider myself Canadian," Ms. Deegan said in a telephone interview, noting she has been a dual citizen since birth.
    In filing the lawsuit, "our intent was to change the law," said alliance chairman Stephen Kish, who is also a dual U.S.-Canadian citizen.
    Fatca has cost Canada's five biggest banks a combined sum of about 750 million Canadian dollars ($687 million) in initial compliance expenses, according to people familiar with the matter.
  18. chompalot
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    chompalot Well-Known Member

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    It sounds like it's fitting for you to find greener pastures since you think that you live under a tyrannical government.
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  19. ArtDeco
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    ArtDeco Well-Known Member

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    I don't know why, but all of a sudden, I just felt like a special ed teacher. Weird.
  20. chompalot
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    chompalot Well-Known Member

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    You act like a 5-year-old having a tantrum.

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