The simple fact of the matter is that the current U.S. government will “pay any price, bear any burden and create any foe (including 6 million U.S. citizens residing outside the U.S.)” in order to catch U.S. residents who use offshore accounts to evade taxes. The U.S. government is a government of great principle. It’s just that it uses the wrong principle.
On September 11, 2001 the United States was attacked. In a misguided attempt to protect Americans and to punish the guilty, the government passed laws which undermined the very freedoms that America was built on.
John Adams, one of the founders of the U.S. constitution noted that:
Since September 11, 2001 the freedoms of U.S. citizens have and continue to be eroded.
The United States government has had exactly the wrong response to 911. Here is a suggestion form a “foreign academic” (wonder what Carl Levin would think about the fact that he was “foreign”).
Former Harvard Professor and Former Leader of the Canadian Liberal Party Michael Ignatieff made the point that:
“If terror challenges democracy, the answer is more democracy, not less; more accountability and openness, not less. The question is whether the secret power we have allowed to spring up in our name is under any kind of democratic control. Do our elected representatives keep our secret agencies under sufficient scrutiny? Does the press know what is being done in our name?”
(Michael Ignatieff is a former Harvard Professor who lives in Toronto – wonder if he has filed his FBARs.)
U.S. citizens living outside the United States are paying a huge, huge price for this insanity. All of this could be solved by:
1. Abolishing citizenship-based taxation;and
2. Just dealing with the fact that there will always be some tax evaders.
The United States of American has come full circle. It was founded on the principle that is it more important that the innocent be protected (that would be us) than that the guilty be punished (whoever these people are, I don’t personally know any).
It’s no wonder that renunciations of U.S citizenship are soaring. Get out while you can!
How can these people in the United States be so incredibly stupid? I am baffled. Your thoughts on this question?