WASHINGTON (PNN) - July 29, 2016 - Another 508 people renounced their Fascist Police States of Amerika citizenship last quarter according to documents published this morning by the Amerikan Gestapo Internal Revenue Service division.
This brings the total number of FPSA “renunciants” under the illegitimate Obama regime to 17,359.
It’s a pretty sad state of affairs when a government’s tax policy is so oppressive that it drives people to permanently divorce themselves from their country. It’s easy to dismiss these people as traitors and cowards, and to say “good riddance, we didn’t want you anyhow”. But consider that many of these renunciants are what I call “accidental Amerikans”.
This could be someone born in, say, Thailand, to an Amerikan father and Thai mother.
Automatically at birth, the child is a FPSA citizen due to his father’s nationality.
He grows up in Thailand for his entire life, barely ever setting foot on FPSA soil.
He goes on to have a successful life, until one day, he receives a “Dear John” letter in the mail from the FPSA government congratulating him on all his success.
“Oh by the way, you owe us 20 years of back taxes.”
This has happened countless times. That’s because the Fascist Police States of Amerika is almost the only country in the world that has what’s called “citizenship based taxation”.
In other words, if you are a FPSA citizen, you are required to file tax returns and pay tax to the fascist FPSA government, regardless of where you live, even if you are an accidental Amerikan who has never even been to the Fascist Police States of Amerika.
This isn’t normal. Most countries have “residency based taxation” where they tax people based on where you live.
In Italy, for example, the Italian government (even as bankrupt as it is) only taxes people who actually live there.
For Italians living abroad (and who don’t have any Italian-sourced income), they don’t pay a single euro in income tax to the Italian government.
Residency-based taxation is a more sensible approach.
But in the Land of the Free, the government demands payment from all Amerikans, no matter where in the world they happen to live.
There are certain credits for foreign taxes paid, and exclusions like the Foreign Earned Income Exclusion.
But anyone earning income beyond the exclusion amount still owes tax, according to the FPSA government.
Also, anyone earning investment income like capital gains, dividends, interest income, etc. still has to pay tax on those earnings without any exemption whatsoever.
Think about that. You’ve never received a dime of benefit or government service, yet you’re still expected to pay up, along with all sorts of penalties and interest.
What’s really amazing is that when these accidental Amerikans get fed up and renounce their citizenship to put a stop to this madness, they aren’t allowed to do so until they settle their tax bills.
Many of these people never lived in the FPSA, never worked in the FPSA, and never agreed to pay any tax to the FPSA.
Yet they’re not even allowed to renounce until they pay off the federal government.
This is extortion, plain and simple.
Funny thing, solvent governments don’t engage in this type of behavior.
You don’t see Hong Kong devouring its own people through oppressive taxation that drives them to relinquish their passports.
On the contrary, Hong Kong’s taxes are so low that they’re attracting talent and business.
On the other hand, bankrupt governments routinely resort to this type of financial cannibalism. History is replete with cautionary tales of insolvent governments that plunder the wealth of their citizens in order to maintain the status quo.
As western governments continue their grueling slide into insolvency, this is a trend that all of us will eventually face.
Yes, we can be grateful for the opportunities that have been afforded us by our nationalities.
But that’s no reason to lie down and be fleeced so that a government with a track record of wasteful, destructive spending can steal your wealth to fund the dropping of bombs on children's hospitals on the other side of the world.
