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Speakeasy

General discussion

The Tax Revolt Gaining Speed

by James Denison / February 3, 2013 / 6:08 PM UTC
More and more are leaving high tax states and some leaving the country and renouncing citizenship, all because of Obama and foolish governors combined.


"Can you imagine? Smart businessmen would rather choose Mexico City over America because of Obama's taxes.

Then Tina Turner went public. She is renouncing her U.S. citizenship to
become a Swiss citizen- which just happens to have lower taxes than
Obama's America.

But these are just the rich celebrities courageous enough to go public.
This is merely the tip of the iceberg. The rich are fleeing in droves.
The Obama tax and spend Ponzi scheme is imploding.

What changed?"
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(NT) If you had their money......................You'd be gone..?
by JP Bill / February 3, 2013 / 8:07 PM UTC
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Response
by JP Bill / February 4, 2013 / 4:03 AM UTC
Then Tina Turner went public. She is renouncing her U.S. citizenship to
become a Swiss citizen- which just happens to have lower taxes than
Obama's America.


Are you sure she's "still American" she's been living in Switzerland for years.

Why is Tina Turner switching from American to Swiss citizenship? The legendary singer, a longtime Zurich resident, told the Blick newspaper that she has been very happy in Switzerland and "can't imagine a better place to live." But some observers believe she may be one of thousands of American expatriates who have taken the drastic and irrevocable step of giving up their citizenship because of what they consider to be the unjust and discriminatory taxation practices of their government.

The U.S. is the world's only industrialized nation that taxes citizens who live overseas, even if their income is generated in a foreign country and they never return to America. And while high-profile cases like that of Turner or that of Facebook co-founder Eduardo Saverin (who renounced his American citizenship last year to become a resident of Singapore) catch public attention, the vast majority of expatriates affected by double taxation and increasingly draconian filing rules are middle-class or retired, or those who have never lived or worked in the U.S. at all but were born to American parents overseas.

Webster notes that while she understands "the political motivation of the current Administration to chase tax evaders and punish banks that contributed to such transactions

"I became increasingly frustrated by the necessity to file in two countries,"


She can't imagine a better place to live?.....Americans should be booing her....like they booed Roseanne when she butchered your National Anthem.

This foreign income thing is BO....BEFORE Obama.

You asked..."what changed"

NOW they enforcing the law.
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(NT) That's why they have to remounce American citzenship. Rob
by Ziks511 / February 4, 2013 / 6:05 AM UTC
In reply to: Response
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Fair and Balanced reporting: "The Obama tax and spend Ponzi
by Ziks511 / February 4, 2013 / 6:03 AM UTC

scheme is imploding??" I'd call that editorializing

How do they know when it hasn't even been enacted yet? And since people have been moving abroad for centuries, how do they know it's related to Obama's supposed taxation, which is negligible for most people.

Oh, it's a Denison Post. Never mind. FoxFiction begets DenisonFiction. A conversation between Tweedle Dum and Tweedle Dumber. What's changed?

Rob

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what hasn't changed?
by James Denison / February 4, 2013 / 6:40 AM UTC

your continual rain of insults.

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