Just finished watching a Youtube video titled ' Time to Get the Hell Out of the U.S.' As the news channel was RT (Russia Today), there would be people who just wrote it off as nothing but Russian propaganda.
Here are my thoughts and comments: some
haters of Putin and Russia would say that this is nothing but Russian
propaganda, but I do think that there is some truth in this report. You
can argue about different ideologies, but you can't deny facts. There
has been an increase of Americans who gave up their U.S. citizenship and
moved to other countries. If you are an American citizen, you have to
report your world wide income to Uncle Sam wherever you live. This
controversial and complicated tax system alone would be a reason for
Americans living abroad to give up their American citizenship.
For
example, Eduardo Saverin, a co-founder of Facebook, surrendered his
U.S. citizenship and moved to Singapore. He said it was a personal
choice which had nothing to do with tax saving. Whether he told the
truth or not, he had saved millions in tax money. Uncle Sam got mad and
increased the exit tax to punish such non-patriotic Americans. Give me
your money before I let you go !
Tina
Turner, an iconic American singer also gave up her U.S. citizenship and
now lives in Switzerland. Dear Uncle Sam, I know I know, this one
really hurts ! Tina Turner is no longer an American ... WTF ???!!!
French
actor Gerard Depardieu left France and became a Russian citizen. Putin
happily granted him a Russian passport. There are people who envy the
rich. There are people who look down on the poor. But most people do not
fully trust their governments. In this case, can you blame Gerard at
all, that France's tax rate was going up from 45% to 75%? Russia has a
13% low flat rate. For comparison, Singapore's rate is 18%.
In
the past, people looked to the West. So many people wanted to go to
America, the Land of the Free. Today, people look to the East. The
center of world economy has already gone to Asia. There are so many
troubled spots in the world today, and I feel so
lucky to be in Canada. I feel both free and safe here. I don't see any
need for me to move away from Canada. Dear American friends, would you
consider moving to Canada, the true North strong and free ?
Saturday, August 2, 2014
Good Bye Country, Hello New Home
Labels:
America,
Asia,
Canada,
citizen,
citizenship,
East,
Eduardo Saverin,
emigration,
France,
free,
freedom,
Gerard Depardieu,
government,
immigration,
Putin,
Russia,
tax,
Tina Turner,
USA,
West
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