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Record Number Renounce U.S. Citizenship in 2016

 
Anonymous Coward
User ID: 70661422
United States
02/09/2017 08:25 PM
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Record Number Renounce U.S. Citizenship in 2016
The government agency, a bureau of the U.S. Treasury Department, publishes the names of those individuals in a list each quarter, in accordance with the Internal Revenue Code. Before 2011, less than 1,000 individuals chose to expatriate each year, according to the lists published on the Federal Register. More than 2,300 expatriated in the last quarter of 2016 alone, and this year's total of 5,411 individuals is 26 percent more than last year's 4,279.

[link to www.usnews.com]

it costs more than 3000 to do this and with all the tax requirements...
bigD111

User ID: 65945302
United States
02/09/2017 08:32 PM

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Re: Record Number Renounce U.S. Citizenship in 2016
Many are leaving because they are afraid we will be attacked and over run. Some are leaving because they know the country is broke and will never be what it once was.
deplorably republican
Larry D. Croc

User ID: 70736097
United States
02/09/2017 08:36 PM

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Re: Record Number Renounce U.S. Citizenship in 2016
Let's put it this way:

We've created 5,400 "refugees" out of a population of what? 340,000,000?

I suspect that's one of the smallest percentages of any first world country on the planet.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward
User ID: 59418979
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02/09/2017 08:56 PM
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Re: Record Number Renounce U.S. Citizenship in 2016
The government agency, a bureau of the U.S. Treasury Department, publishes the names of those individuals in a list each quarter, in accordance with the Internal Revenue Code. Before 2011, less than 1,000 individuals chose to expatriate each year, according to the lists published on the Federal Register. More than 2,300 expatriated in the last quarter of 2016 alone, and this year's total of 5,411 individuals is 26 percent more than last year's 4,279.

[link to www.usnews.com]

it costs more than 3000 to do this and with all the tax requirements...
 Quoting: Goneviral


where did you come up with this? to my knowledge all you have to do is walk into a us embassy and renounce your citizenship. last i heard you were literally free to do so. i would sincerely hope we are not charging anyone to leave. especially that much, think of all the moochers that cant afford to gtfo?!?
Anonymous Coward
User ID: 73553473
United States
02/09/2017 08:57 PM
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Re: Record Number Renounce U.S. Citizenship in 2016
Oh please..all the hollyweird spineless brainless assholes that said they were going to leave are still here. At least I'd respect them and a slightly higher level than a cockroach if they actually up and left.
Anonymous Coward
User ID: 70900559
United States
02/09/2017 09:07 PM
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Re: Record Number Renounce U.S. Citizenship in 2016
where did you come up with this? to my knowledge all you have to do is walk into a us embassy and renounce your citizenship. last i heard you were literally free to do so. i would sincerely hope we are not charging anyone to leave. especially that much, think of all the moochers that cant afford to gtfo?!?
 Quoting: Anonymous Coward 59418979


[link to www.expatinfodesk.com (secure)]
Anonymous Coward
User ID: 59418979
United States
02/09/2017 09:49 PM
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Re: Record Number Renounce U.S. Citizenship in 2016
where did you come up with this? to my knowledge all you have to do is walk into a us embassy and renounce your citizenship. last i heard you were literally free to do so. i would sincerely hope we are not charging anyone to leave. especially that much, think of all the moochers that cant afford to gtfo?!?
 Quoting: Anonymous Coward 59418979


[link to www.expatinfodesk.com (secure)]
 Quoting: Anonymous Coward 70900559


actually it say's zero to infinity. you have to settle up with the irs before you are official. i didn't see any other fee involved. that said, taxes are really the only hurdle to officially leave, nothing physically stopping you from leaving though. might have the irs come after you, but everyone else couldn't care less.
Anonymous Coward (OP)
User ID: 70661422
United States
02/09/2017 10:04 PM
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Re: Record Number Renounce U.S. Citizenship in 2016
The government agency, a bureau of the U.S. Treasury Department, publishes the names of those individuals in a list each quarter, in accordance with the Internal Revenue Code. Before 2011, less than 1,000 individuals chose to expatriate each year, according to the lists published on the Federal Register. More than 2,300 expatriated in the last quarter of 2016 alone, and this year's total of 5,411 individuals is 26 percent more than last year's 4,279.

[link to www.usnews.com]

it costs more than 3000 to do this and with all the tax requirements...
 Quoting: Goneviral


Many are leaving because they are afraid we will be attacked and over run. Some are leaving because they know the country is broke and will never be what it once was.
 Quoting: bigD111





GLP