#Americansabroad coming to realization that US citizenship not compatible with globalization

Nice post about the “coming together” of American Expats Abroad to fight U.S. citizenship based taxation.

It’s all very sad, but the FATCA of the matter is that  U.S. citizenship is not compatible with life outside the United States. The article includes:

Ferauge said despite the complications she has not thought about renouncing her U.S. citizenship. She said she will exhaust all options before going that route. She does say it’s been increasingly difficult to remain optimistic about the situation.

“On a last note, to be brutally honest with you, I’m just very tired” she wrote in a recent blog post. “I’m tired of writing letters, tired of explaining and tired of fighting.  There is so much about this that I simply cannot change.  I cannot make homeland Americans feel differently about their expatriates.  My influence — even as a U.S. voter — is practically nil. I have lost all faith in the U.S. government (Obama and company included).  I no longer think it will improve – on the contrary I can think of a hundred ways it could get worse.  And I have slowly come to the realization that American citizenship and globalization are an imperfect fit these days.  Perhaps it will get better with time but that, it seems to me, is something I can hope for my children’s sake, but not something I am coming to believe that I can realistically expect to have for myself.”

How can a government be as stupid as the current U.S. government?

 

 

One thought on “#Americansabroad coming to realization that US citizenship not compatible with globalization

  1. Captive

    Corporate people will still be taking advantage of loopholes and moving jobs out of the country. These laws primarily burden the middle class. If I was pregnant I would try to get put of the USA to have my baby lest she spend her life under the thumb of Uncle Sam. This is primarily about power and control with an added financial kick in the rear end in case you forget who’s boss.

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