cross-posted from citizenshipsolutions
originally published July 7, 2016
The Ownership and use of the U.S. Person Which Includes a Citizen as an Instrument of Foreign Policy
by John Richardson
Part V – Why Americans abroad are renouncing U.S. citizenship …
Put it this way:
The United States continues to control the lives of U.S. citizens living outside the United States. “When in Rome, Live As A Homelander“.
The United States continues to cause other nations to discriminate against U.S. citizens who leave the United States.
The United States continues to use U.S. citizens as instruments of foreign policy.
The United States continues to threaten it’s diaspora (citizens abroad) with penalties and sanctions
It’s no surprise that renunciations of U.S. citizenship are growing! They will continue!
Part VI – The injustice of the S. 877A “Exit Tax” as applied to Americans abroad
For many Americans abroad to renounce U.S. citizenship they will be required to pay an Exit Tax. Those who are “covered expatriates” will be required to pay an “Exit Tax” that is based on the value of their non-U.S. assets, their non-U.S. pensions and possibly more. A detailed explanation is NOT the purpose of this post. For information on the S. 877A Exit Tax, I refer you to:
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) July 7, 2016
In closing …
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