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Thursday, May 17, 2012

Charles Schumer Tells Americans They Can't Leave So Easily - The Dollar Vigilante Blog -

We wrote about Facebook co-founder, Eduardo Saverin, defecting from the US last week ("The Great Defection From The West").  Apparently we weren't the only ones to notice.
Today, Lyin' Chuck Schumer held a news conference to unveil the "Ex-PATRIOT" - "Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy" - Act to respond directly to Saverin's move, which they dub a "scheme" that would "help him duck up to $67 million in taxes."
Parasites don't like it when their host can leave so quickly and easily. Schumer plans to use violence to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.  And, perhaps most importantly, the plan would bar individuals like Saverin from ever reentering the United States again.
TDV Correspondent, Menno Troyer contacted us today to state the following:
"Somehow, as an involuntary citizen of the US, this proposed legislation frightens me more than all of the US's previous, rapidly escalating police state moves combined."
We agree.  This bill, if passed, would take the state of affairs between the US Government and the people they deem to own to an entirely new level.  To say the least, Schumer's financial terrorist attacks today show the US Government for what it really is... and shows US citizens as the tax slaves that they are.
Even that old refrain from brainwashed patriots that, "If you don't like it you can leave," would no longer be sufficient.  It would have to be amended to, "If you don't like it, we will rob you and you can never be allowed to return here under threat of violence."  Not quite as snappy of a comeback.
But, as with all government programs it will have the opposite effect of its intention.  You don't think many wealthy people aren't looking at this news and thinking they better get out now before this bill is enacted?  And furthermore, now the government is saying that they will tax you more and you can never return... the next logical step once tax revenues decline even further after more wealthy Americans defect will be to not allow people to leave at all.  Schumer's bill has it right in the title, "Expatriation Prevention".  You can't get much clearer than that.
read full article here Charles Schumer Tells Americans They Can't Leave So Easily - The Dollar Vigilante Blog -

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