I think I heard that Rangel had gotten a bill through saying that you can’t take your money offshore - you have to leave 50 per cent of it behind.
Whatever. I’ll stick it my underwear if I have to.
Tho that is not true. I can wire however much I wanna wire anywhere I want to.
I thought I had read or heard something similar early this year. To stave off exactly what some here are thinking about doing. Don’t know if it passed or not though.
It was one of the "Save The Cute Puppies And Cuddly, Fuzzy Kittens Acts" of 2008. They barred the exits on June 17, 2008 before they lowered the boom on us after they got back from vacation:
The Heroes Earnings Assistance and Relief Tax Act of 2008 (Who could be against it? It's for the troops!)
New "Heroes" Law May Be Villain for Expatriating U.S. Citizens and LPRs Who Surrender Green Cards (02-September-2008)