L.A. Liberty

Would-Be Lords of the Manor →

Irked that Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship, [Sen. Charles Schumer (D-NY) and Sen. Robert Casey (D-PA)] propose, with [their] “Ex-Patriot Act,” to punitively tax and to permanently bar from ever again entering America men and women who, to reduce their tax liabilities, renounce their citizenship in the U.S.

The very fact that sitting U.S. senators issue such a proposal – the sick reality that representatives of an allegedly free people act as if individuals are serfs bound to a master – the noxious yet proudly paraded assumption by American government officials that a peaceful man’s or woman’s freedom of movement can properly be restricted by a government jealous that it misses the opportunity to seize a huge chunk of that man’s or woman’s earnings – does nothing other than to confirm the wisdom and justice of Mr. Saverin’s decision.

LRC’s David Kramer draws non-hyperbolic parallels with Nazi Germany, noting that the Third Reich also forbade ex-pats from returning and that the U.S. tax is actually “much worse than the Nazi’s.” And all this is in addition to the fact that unlike most countries, the U.S. taxes its citizens on worldwide income even if said citizen is not residing in the U.S., and that there is already an Expatriation Tax on the books.

I’ve mentioned before: Chuck Schumer represents the worst of the statist impulses that can be found in the criminal snake pit that is D.C. He’s never had an experience that didn’t somehow lead him to conclude that more government was needed somewhere. He’s built a career on catering to myriad special interests, so long as those interests fall in line with his ultimate interest: more power - and more revenue - to the state.

Posted May 18, 2012 at 12:07am in ∆ taxes | comments || home