SENTRY JOURNAL » Economics » Why are More Americans Renouncing their Citizenship?

Why are More Americans Renouncing their Citizenship?

July 9th, 2012 | 12 Comments

Is it a sign of oppression, or economic failure that would cause people to renounce their citizenship and leave the US? The Daily Reckoning has more…

07/03/12 Laguna Beach, California – In November, millions of Americans will trudge to their local polling places to cast votes in the hope of improving their lives here in the USA. Between now and then, a few hundred Americans will vote with their feet in the hope of improving their lives outside the USA.

Last year, nearly 1,800 Americans surrendered their citizenship. In a nation of 300 million folks, 1,800 émigrés is hardly a rush for the exits. But the recent trend is, nevertheless, intriguing.

This is hard to pin down. It isn’t like people are polling folks that leave. But, the fact that the biggest spike has occurred under Obama, it might be safe to assume that economics and taxes have a roll.

I wonder how big of an issue it has to become before they build a wall to keep people in? We always talk about how the Soviet bloc and Cuba went to great lengths to keep their citizens from escaping the “workers paradise.” I think it’s a valid question to ask if our nation will one day try to prevent leaving the people from fleeing, “hope and change?”

Written by Matt

I believe that future generations should have the same opportunities that myself, and those that came before me, had. My parents taught me that I could do anything I wanted to do. I don’t want to have to tell my daughter, “You can do whatever the government tells you to do.” We are at a crossroads in this country; are we going to be free, or are we going to be slaves to the nanny state. I choose freedom. I can be found at the Conservative Hideout, or at the Conservative Hideout RapidFire

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Filed under: Economics · Tags: Americans, Citizenship, Leaving, Renounce, United States

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Comments

Silverfiddle July 9, 2012 at 7:21 AM

I’ve read that these are expats who are already living and working overseas, and they are tired of being taxed twice, by the country the work in and by the US. We are one of the few nations that does that, btw.
Silverfiddle recently posted..Obama’s War on America

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- Matt July 9, 2012 at 7:44 PM
  
  Yes, but it will eventually prompt a reaction of some kind.
  Matt recently posted..Americans Applaud End of Freedom!
  
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theCL July 9, 2012 at 9:13 AM

I wonder how big of an issue it has to become before they build a wall to keep people in?

And people laughed at Ron Paul for saying the same thing just a few months ago … He’s not so crazy after all, is he? The short-term outlook for liberty is dim, but keep the light shining. Central planning doesn’t work. It can’t. Totalitarian regimes fail. Always. In the long run, liberty will win if we just keep the flame of liberty alive.
theCL recently posted..One More Great Leap Forward Into Collectivism with Petra Nemcova

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- Matt July 9, 2012 at 7:43 PM
  
  That is a good point CL, totalitarianism always collapses in the end. But, it always inflicts millions of casualties on the way down.
  Matt recently posted..Americans Applaud End of Freedom!
  
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theCL Report: We Don’t Need No Stinkin’ Judges! July 9, 2012 at 10:56 AM

[...] Why are More Americans Renouncing their Citizenship? [...]
John Galt July 9, 2012 at 9:40 PM

John, those 1,800 Americans that gave up their citizenship in only one year are part of the 1% Americans – those that pay top tax rates and are part of the 40% of total revenue collected, those that create jobs, those that invest in American enterprises, those that are leaders in their communities, and those that are educated and usually know who to elect as our Representatives in Congress better than the other 99%.

When countries enter into a decline pattern it is because those that can lead them are abandoning them.

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- Matt July 11, 2012 at 6:40 AM
  
  It’s what happens when people that produce leave. It’s not a pretty picture.
  Matt recently posted..Eric Holder Speaks to NAACP Against Voter ID: Media had to Show Picture ID to Enter
  
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Bunkerville July 10, 2012 at 9:25 AM

If things don’t go so swell come November, a whole lot more folks may plan on exiting.
Bunkerville recently posted..Eric Holder’s message at La Raza: Amnesty, threatens States

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- Matt July 11, 2012 at 6:41 AM
  
  The trickle may become a torrent. Especially as the attacks against success grow.
  Matt recently posted..Eric Holder Speaks to NAACP Against Voter ID: Media had to Show Picture ID to Enter
  
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Infidel de Manahatta July 10, 2012 at 5:51 PM

I’m sure the libs will spin it as people leaving because they can’t live in a racist nation that fails to reelect Barack Obama.
Infidel de Manahatta recently posted..Taliban Execute Fozzie Bear!

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Matt July 11, 2012 at 6:42 AM

It always has to be some else’s fault.
Matt recently posted..Eric Holder Speaks to NAACP Against Voter ID: Media had to Show Picture ID to Enter

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