- Note this is a post that I wrote December of 2011. I have cross posted it from RenounceUScitizenship. It dovetails with some of the recent posts published here about the costs and foolishness of waging war on the sovereignty of other countries.
“What do the recent G20 discussions and the IRS’ enforcement of foreign asset reporting have in common and why should “dual nationals” be concerned?”
From: Fear Factors: Dual Nationals and the IRS
A recent G20 summit was held in Toronto, Canada. The internet is a great thing – gives you instant access to the newspapers in any part of the world. As a result I was able to read both the local commentary and international commentary. The local (Toronto) newspapers were marveling at the extent and cost of the security offered to these “great leaders”. A friend commented to me that:
“If they were such great leaders, then they wouldn’t need that kind of security.” Continue reading