Just Me sent me this e-mail that he is sending to media outlets:

So now after the NYT times article, the new WSJ journal article and the Fallows Atlantic trilogy, here is more reporting and opinion on the misguided citizenship taxation policy and IRS offshore crackdown which has created a FATCA mess that threatens Americans overseas as they become toxic clients for financial institutions world wide. Also more importantly, even rating agencies such as Fitch are beginning to understand the unintended consequences of the FATCA blowback and what that will mean for US business, exports and even American financial institutions as investment dollars move else where.

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This post originally appeared on the RenounceUScitizenship blog.

“Dissent is the highest form of patriotism.”
― Thomas Jefferson

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Just Me sent this to me:

Dear Linda Sittenfield, CNBC Senior Producer

Regarding your article today titled

Will Your Offshore Accounts Land You in Jail?

Published: Thursday, 5 Jan 2012 | 1:20 PM ET

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Cross-posted from the Franco-American Flophouse.

The relationship between the American diaspora and the home country is a strange one.  There is no official recognition of its existence.  Since the early years of the last century, efforts to track the number of Americans civilians leaving the U.S. and living abroad has been half-hearted at best.  When asked, the U.S. government replies that it simply lacks the means to conduct a census, which is a rather odd response when you consider that U.S. government is publicly committed to enforcing taxation of American citizens abroad.  If you can’t count them and you don’t know where they are, how in heaven’s name are you going to send them a tax bill?

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I am not a Native American or an aboriginal, but like them, I was born on Turtle Island. Turtle Island is North America. Not a country, not a residency for certain designated citizens based on an artificial border. It is a great continent with endless space that is bound only by the world’s greatest oceans. It is my home. My ancestors are buried here. My forefathers are remembered in place names all across the continent.

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This post has been cross posted on RenounceUSCitizenship.

Tax compliance for U.S. citizens living abroad is complicated and expensive. This is the fourth of a series of posts I have written on the recent problems of citizenship-based taxation.

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