The number of Americans choosing to give up their citizenship has spiked dramatically this year as the government works to implement a new disclosure law aimed at stamping out tax evasion. Americans Turn In Passports as New Tax Law Hits http://finance.yahoo.com/news/americans-turn-passports-tax-law-092600435.html
So people who want to evade taxes are renouncing their US citizenship....sounds good to me. Good riddance.
Can they still get their social security which is a payback which they paid into, if they surrender their US citizenship ?
The Income Tax is the biggest goddam insult to Americans. I have to tell the public sector how much I make and what I do with it? I'd pay the same tax amount and be happy with it were it a CONSUMPTION tax, otherwise I hate the idea of it. I'm moving soon enough, I'll fork over that passport in a heartbeat if I can find a place that doesn't insult me like that... And all the paperwork!! Not to mention that 99% of the tax code is free passes for people that donate to politicians.. Read it sometime, it is page after page of exemptions from paying income tax! Thousands of pages of that shit is enough to insult anybody that lives in this culture. Try to buy the actual tax codes sometime, I couldn't find where I could buy them the last time I looked at the websites of the us govt. I read them once only because a friend of mine was a Treasury Agent and he had them in his house.. The last thing the Public Sector wants us to have is the evidence of how they are bought off...
I would take 10 Mexicans over a educated American any day. It just so much cheaper to employ a Mexican. I even hire Cool Mexicans like Cubans and Puerto Ricans.....
American citizens living overseas have to declare all financial assets of their foreign spouse, including income, to the IRS from what I gathered. It sounds insane, and obviously some of the spouses don't want to oblige. I read about some american woman giving up her citizenship for this reason. Either she divorced, lived illegally even though she and her husband may not be tax cheats, or renounced citizenship. That convinced me not to marry american girls (don't mind dating them though )
go head. hire and try to teach teach them programing for example. and trading. good luck with that. they are where they are for a reason. the other day next door neighbor hire some dumba** to clean his patio. he did his job very well. but i spend 2 hours scrubbing this s**t off my patio. cause those beaners aren't bright enough to point the power washer AWAY from the property,to the lawn. they point it to my property and all this mess ended up on my house,patio and windows. great f** job!