Category Archives: Issues regarding US persons abroad

http://www.bostonglobe.com/news/nation/2014/08/25/massachusetts-licenses-rejected-parts-washington/iQl5H871MxTHAqpnN1Rj7N/story.html

Susan Podziba couldn’t enter a federal building near Washington this month because her driver’s license revealed an unacceptable home state: Massachusetts.

Bay State residents can no longer use their driver’s licenses to get inside some government agencies because the state is one of nine that have not signed on to a federal law called REAL ID. If nothing changes, they will even lose the ability to display their licenses to board a plane.

The REAL ID measure presses states to verify citizenship and update security standards when they issue licenses. Congress intended the act to prevent terrorists who arrive in the country illegally from boarding planes. But officials in Massachusetts and elsewhere have balked at a program they contend costs millions, raises privacy concerns, and infringes on states’ rights.

States face no direct penalty other than the frustration of their citizens.

Some restrictions — such as the one that kept Podziba, a public policy mediator from Brookline, out of the National Oceanic and Atmospheric Administration — began in late July.

“It was bizarre, and then I really felt embarrassed,” Podziba said. “It was like wow, I am a US citizen and suddenly my Massachusetts ID isn’t good enough?”

She ended up conducting the high-level meeting in a cafeteria outside the security gate.

http://video.cnbc.com/gallery/?video=3000305368

http://online.wsj.com/articles/amity-shlaes-and-chris-edwards-a-simple-tax-reform-can-help-families-and-promote-economic-growth-1408919408

 
So they’re technically renouncing their U.S. citizenship. They’re declaring they’re based someplace else even though most of their operations are here. Some people are calling these companies “corporate deserters.”

And it’s only a few big corporations so far. …

—  Barack Obama  (24 July 2014)  White House Transcript

http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-president-economy-los-angeles-ca

Post Tim Horton’s, Obama looks like he’s thinking about (1) Canada as haven (2) the individual lives worldwide that the U.S. has willfully been driving into the desperations of financial ruin, severe psychic stress, marital breakup, contemplation of suicide — and skyrocketing rates of renunciation.

What really ticks Obama off is those big corporations. He talks about them just like they were individuals. Oopsie. Category mistake!
 

So join with me in the singing of the commemorative song, and toast with me to all that is is possible in a group effort! We are fighting our War of 2012, FATCA.

China fighter jets intercepted a US military patrol plane flying near its coast. The Pentagon reacted that their maneuver was “unsafe and unprofessional”. China says that  the USA is “a disgusting thief spying over his neighbor’s fence”.

That is what FATCA is. FATCA is the United States being a disgusting thief spying on the bank accounts of people who have citizens in their countries of residence. By forcing FATCA on other countries, the USA is indeed the biggest rogue nation in the world, and “spying over the fence” is an appropriate metaphor–the fence being that of normal banking privacy. The USA is a financial voyeur.

Here is the full article of the Sina News response originally in Chinese (translation at Simon Black, Sovereign Man, emphasis his):
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#FATCA #IGA ALL British trusts will be reviewed at expense of client; even w/out ANY US indicia http://t.co/2hL3nOXMes Please RT widely

— U.S. Expat Canada (@USExpatCanada) August 23, 2014

“Some individual customers are being contacted by their banks or other financial providers if, for example, they appear to have links with the US or own property there. But tens of thousands of other families are beginning to receive letters, and invoices, simply because they have established run-of-the-mill family trusts.”

The family in the article owes at least $635 CDN plus VAT. This is beyond outrageous. At what point will people begin to take action?

Article is HERE

American Citizens Abroad has posted an update with information concerning their efforts to replace Citizenship-based Taxation with Residence-based Taxation. They are also calling for testimonials about how legislation is affecting you and for your support in by writing the Tax Committee directly responsible for tax reform and asking for the implementation of RBT.
 
Update on Residence-Based Taxation RBT – August 2014

ACA has been hard at work in Washington, DC bringing RBT to the attention of the legislature and the Administration. ACA has met with all the members of the Americans Abroad Caucus, and the Ways & Means and Senate Finance committees. ACA has been asked by the committees involved in tax reform to provide our input on the tax treatment of Americans living and working overseas. We are proud that ACA is now the government “go to” source for information on many of the issues affecting overseas Americans, and we regularly submit comments to government hearings on issues important to our membership.

Media attention on the issues of overseas Americans is growing. More and more major media outlets like Bloomberg, CNN, Forbes, Time, Politico and others are talking about RBT and FATCA. Much of this attention is due to the ACA commitment to bringing the issues of overseas Americans to the attention of the media. ACA is regularly solicited for interviews and quoted in the media.
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