-By Warner Todd Huston
During the age of Obama, Americans have renounced their citizenship at record numbers. In fact in four out of Obama’s five years in the White House, expatriation numbers set record highs.
Just as an example, during all eight years of George W. Bush’s terms in office, 3,865 Americans renounced their citizenship and moved overseas. But during Obama’s first five years fully 7,988 Americans quit being Americans and in 2013 expatriation soared to 2,999, a record that smashed the previous high of 1,781 set in Obama’s third year in office.
Graphic courtesy of the International Tax Blog:
Much of this is due to the outrageous tax situation that the US forces on Americans that live abroad. Ridiculously, the US is the only nation in the world that forces citizens that live permanently abroad to pay taxes on their income to the US even if derived from overseas sources.
This situation has gotten worse recently with the IRS attempting to force forcing countries to report US citizens living abroad to US authorities.
Continue reading “
Era of Obama: Number of Americans Renouncing Citizenship Soars”
Now Obama is importing big government advocates from Europe to help him push Obamacare on Americans.
It seems like a foolish move by Volkswagen for allowing the United Auto Workers (UAW) to organize its American plants. Not only did the UAW screw Volkswagen in the past, but even now the union admits that it is raising union dues solely to replenish its strike fund so unionistas can walk out. It’s like Volkswagen is buying its own rope for its execution.
It looks like Barack Obama was taken for a ride with his administration’s failed negotiations with Iran over that country’s nuclear ambitions. The Iranians are touting the agreement as a victory over both Obama in particular and “the west” in general.
Barack Obama is a total hypocrite. His ignoring Hillary Clinton’s criminal failure in Benghazi is typical, but even worse we see his administration going crazy to attack New Jersey Governor Christ Christie over his bridge incident. Fox News’ Judge Jeanine Pirro really lashes Obama over these criminal failures.
One of the most famous fighters of Cold War communism still in the land of the living, Polish leader and liberty icon Lech Walesa, is not too keen on the “failure” that is Barack Obama. In fact, Obama has been down right “dangerous” for the world Walesa says.
Gay British actor Alan Cumming, was not very happy with Louisiana Governor Bobby Jindal for coming to the support of Duck Dynasty star Phil Robertson. In fact, Cumming called Jindal a “dickbrain” for coming to Robertson’s support.
Kwanzaa, the purported “African” holiday celebrated only in the United States, is the ultimate politically correct holiday. It is little observed, even by our African American community, of course, but those that do celebrate it are wholly unaware that the faux holiday was created by a man with a very troubled past. For Kwanzaa’s creator, Maulana Karenga, has a violent criminal record, is a racist, and even a rapist.
This is why the racebaiting industry is to be dismissed, folks. They just have nothing serious to say. For example, a guest on the Sean Hannity Fox News show went on an absurd, spittle-specked, wild-eyed rant that we have racial apartheid today right here in the USA.
Looks like Bill Clinton’s reputation as a sex-crazed, horndog is cemented with reports that he doodled little drawings of male erections on official papers while he was president.
Obama claimed that he wanted to “fundamentally transform America” as he got ready to take the White House in 2008. Five years later, we see what he means. We now have more Americans in the depths of poverty, more Americans on welfare, and more Americans taking food stamps than ever. And now we discover that more Americans are on disability payments than the entire population of many foreign countries!
This guy is one lucky sailor! A 12-man crew that went down in a tugboat off the coast of Nairobi were all presumed dead but recovery divers got a big surprise when they finally got to the downed vessel and found one man still alive after nearly three days on the ocean floor.
First Obama pushes a deal with Iran that does nothing to prevent that Muslim nation from getting the bomb putting Israel in mortal danger, before that he sided with al Qaeda and other Muslim groups in Syria despite that they are murdering Christians just for being Christians, and now Obama disses Catholics by moving the US embassy to the Vatican out of the Vatican and miles away next to the Italian embassy in Rome.
Earlier in November it was revealed that Bloomberg News was self-censoring stories that angered Chinese authorities in order to keep access to government officials. Now the reporter who leaked that story to sources outside Bloomberg has been suspended.
An employee of the Department of Homeland Security (DHS) who was exposed in August as running a website that said that millions of white people needed to be killed and who has called the President a “mulatto faggot” still has not been fired from his $115 thousand a year government job.