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Comment: FYI - US Exit Tax - the 2008 Heart Tax
FYI - US Exit Tax - the 2008 Heart Tax
In 2008 the HEART ACT was passed. To leave the US, and you are over 18.5 years old, you will need to pay 35% of your current net worth to leave (the IRS counts this as selling all your possessions - whether you keep them or not). "Sounds like a fence to keep us in".
www.renunciationguide.com/Exit-Tax-on-Renunciants.html
"The “Heart” act of 2008 (a bill whose main intent was to increase benefits for veterans and families of deceased military members) included for the first time an “exit tax” on American citizens who renounce their citizenship. The law passed Congress by a unanimous vote. Lawmakers attached the exit tax to the HEART act as a revenue enhancer..."
I cannot believe Ron Paul voted Yes on this.
"This isn't what the govern meant"
"Win the crowd and you will win your freedom"