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More US wealthy opt to surrender their citizenship
http://www.wealth-bulletin.com/rich-life/rich-monitor/content/1054959505/ ^

Posted on 09/06/2009 3:05:12 AM PDT by Maggie Maggie Maggie

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To: Maggie Maggie Maggie

“Christian Exodus” has some interesting info re “personal secession” and resettelement areas:

http://www.christianexodus.com/index.php?option=com_content&view=section&id=9&Itemid=66


41 posted on 09/06/2009 7:03:59 AM PDT by MayflowerMadam (POWER TO THE PEOPLE)
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To: Man50D

ping


42 posted on 09/06/2009 7:29:41 AM PDT by austingirl
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To: Maggie Maggie Maggie

I suppose if I worked hard and took risks and finally became successful enough for the scumbag politicians to paint a target on my back, I’d look for a way to shelter my money, too.


43 posted on 09/06/2009 7:37:11 AM PDT by Lancey Howard
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To: Maggie Maggie Maggie

I suppose if I worked hard and took risks and finally became successful enough for the scumbag politicians to paint a target on my back, I’d look for a way to shelter my money, too.


44 posted on 09/06/2009 7:37:13 AM PDT by Lancey Howard
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To: Maggie Maggie Maggie; TigerLikesRooster; M. Espinola

Not just the “wealthy” are planning to leave. I talked to a young woman yesterday. She agrees with me that Zero is out of control. She sees no way to survive as a young conservative in Oregon. Methinks she will soon sell her real property and go ex-pat in a foreign nation.


45 posted on 09/06/2009 8:20:54 AM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: Big Giant Head
But what about the incentive for the US Government under the Fair tax? When ALL Federal income is derived from a tax on sales, this would certainly give the Feds incentive to increase the take to the Treasury, by making the business environment more conducive to MORE business. We’re talking massive reformation here. More and more obstacles to doing business would be removed to increase the $ to the Treasury.

The US would become THE place to do business. We could actually outgrow Obama’s financial mess.

Under FairTax, the USA will become essentially the world's most favorable business environment because of no more taxes on earning money. That right there will bring at minimum US$20 TRILLION in repatriated American-owned liquid assets and new foreign investments in the USA, essentially the world's largest "private bailout."

46 posted on 09/06/2009 8:26:19 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: NTHockey
John Gaver, who edits right-leaning website Action America, said in an article published on the site: “What these lists fail to show is the vast and increasing numbers of wealthy US citizens who are just ‘dropping out’ – taking all of their wealth and leaving the US without renouncing. They just disappear off the US tax rolls and appear on some other country’s tax rolls.”

John used to post here as ActionAmerica until he was banned for criticizing Bush.

47 posted on 09/06/2009 8:40:43 AM PDT by esarlls3
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To: Sarajevo

“Perhaps those people don’t want their successes to be confiscated by a malevolent socialist government and redistributed to an illegal or the local crack-whore”

Again.......I repeat.....go.......but once the dust settles don’t expect to come back to open arms. And further more, I’d like to start taking bets on the ratio of these people that voted for this marxist to begin with. Oh but surprise, surprise, they are on ‘the list’. Good Riddance.....they better hang onto their precious wealth while they can because where ever they go...it will be up for grabs. They can run like the damn rats they are or stay and fight with us that they consider specks upon their shoes.


48 posted on 09/06/2009 9:03:04 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: Sarajevo

PS.......Angry? That doesn’t even scratch the surface.


49 posted on 09/06/2009 9:06:18 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: dfwgator

Fantastic post dfwgator


50 posted on 09/06/2009 9:09:10 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: Outlaw Woman
No Good Bastards. Make their millions off the system we have in place and at the first hint of trouble, they are scurrying like the freakin’ rats they are. . . . GOOD RIDDENCE you cowards and don’t come back.

Rats they may be. But rats know enough to leave a sinking ship. And that should worry us.

No doubt our politicians will note this story and do precisely the wrong thing. Instead of concluding that taxes are too high, Congress will undoubtedly try to squeeze more money out of those who earn high incomes.

Remember the response of the governor of New York when he was told that Rush Limbaugh was leaving the state to avoid the high taxes there. Governor Paterson said that if he had known Limbaugh would leave New York, he would have raised taxes sooner.

Personally, I am less concerned about the rodents going over the side than the water rising in the hold.

51 posted on 09/06/2009 9:16:51 AM PDT by Logophile
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To: ditto h

“A real American fights to change the perceived failings of his government. For all of your wealth, you are pathetic.”

Absolutely. These so called ‘wealthy’ people.......they are going to lose it all eventually anyway. They are not welcomed here and further more, when they run for ‘cover’ guess who they will be running to? And I say ‘kick their asses back out into the line of fire’


52 posted on 09/06/2009 9:17:27 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: meyer

Then fold em. Let me buy a ticket for you (one way of course)to Syria, Saudi Arabia, or any other brutal regime...you want nice weather how about Cuba....or maybe Venezula. Suck up to the rich rats that ran.......see how far that gets you.


53 posted on 09/06/2009 9:22:47 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: Logophile

“Personally, I am less concerned about the rodents going over the side than the water rising in the hold.”

So grab your bucket


54 posted on 09/06/2009 9:25:08 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: Maggie Maggie Maggie
When push comes to shove it is family that comes first.

I am not a millionaire but I am reading a lot on Panama.

55 posted on 09/06/2009 9:26:43 AM PDT by MarMema (Chains we can believe in)
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To: Outlaw Woman
So grab your bucket

You too.

56 posted on 09/06/2009 9:27:40 AM PDT by Logophile
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To: Outlaw Woman
I am mixed on this....

Are they doing it out of greed, or are they starving the beast by taking their "capital" off the table. My guess is the former. The only other reason is Obama's subtle Antisemitism. If someone wanted a not so Pro-Islamic country, Australia has shown not to friendly as well as Northern Italy. The question is what is the oppourtunity cost of going to these countries, AU, your guns, and a Gov't 401(k) annunity, Italy a tax system that becomes a benchmark for evasion. Others talked about as havens for us are debatable as well, Poland, NZ, Singapore, Brazil and Costa Rica. As someone close to the Jewish community, this has been spoken off, trust me....

57 posted on 09/06/2009 9:28:46 AM PDT by taildragger (Palin/Mulally 2012)
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To: Logophile

Well supplied thank you


58 posted on 09/06/2009 9:30:53 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: taildragger
subtle Antisemitism.........

This administration, including the little Jewish Hitler Rahm Emanuel, has shown nothing but a blatant disregard for Israel and are overtly antisemitic. There is no subtleness in their hatred of the Jewish nation. Hope all of you Jews that voted for this Marxist are happy with yourselves. Be sure to get those gold fillings removed from your teeth before Rahm and his brother have a go at you.

59 posted on 09/06/2009 9:38:37 AM PDT by Outlaw Woman (Hey............How's that Hope and Change Thingy workin' for ya?)
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To: Outlaw Woman

Several years ago, there was a crowd of bombastic “citizen of the world” types on FR, known pejoratively as the FROBL (Free Republic Open Borders Lobby), who loved to mock American workers as lazy and overpaid, and that they deserved to lose their jobs. That illegal immigrants saved them money, and meant more $$$PROFIT$$$, so it was a good thing, no matter what. China? No threat, just lazy Americans complaining.

They all loved Dubai. What was not to love for such people? Virtual slave class to do all the dirty work, minimal taxation on the special, protected class of expats, decadent adult entertainment galore, so long as you stayed within districts created for that.

I assume their formerly expensive, but now cheap condos are sinking into the gulf along with all the other ridiculous manmade islands shaped like palm trees and such, in that ill-conceived, beyond-the-reach-of-most-financial-regulation Disney World for hot, dirty money and the people who covet it.

Good riddance. If and when it all goes down, short of having some off-grid hidey hole way back up in the Andes or something, it’s not going to be any better elsewhere, and will quite possibly be much worse.

/rant off


60 posted on 09/06/2009 9:39:54 AM PDT by RegulatorCountry
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