This is an excerpt from a long post at RenounceUScitizenship
Many “Homelanders” simply cannot:
– conceive that, U.S. citizens find better places to live;
– conceive that the U.S. is no longer the country envisioned by the Founding Fathers;
Mr. Saverin’s renunciation of U.S. citizenship has activated all the silly responses from the “Homelander Elite Core”. To wit:
– Yale law professor and respected constitutional scholar Bruce Ackerman writes that Mr. Saverin should never be allowed to return to America.
Once Americans renounce their membership in our national community, they should be allowed to return only under exceptional circumstances — in response to the call of a child in a hospital or a mother on her death bed.
He reiterated his position in a “follow up” article where he comments on some of the comments to his original article and approves of the Casey/Schumer (“envy specialist”) idiocy.
– Senators Casey and Schumer responded to Mr. Saverin’s renunciation by proposing the “Ex-Patriot Act“. Leaving aside the idiotic specifics, the Act would legislate a presumption that one renounces U.S. citizenship for the purpose of avoiding U.S. taxes. The renunciant is then punished in a number of ways, including not being able to return to the U.S. (Frankly, I doubt that many people who renounce are interested in access to the U.S.). The Wall Street Journal made the following comment in relation to the Casey/Schumer lunacy:
Whatever Mr. Saverin’s motivation, the more important point is that it is his decision, however misguided. America was built on millions of similar individual decisions to come to our shores. It is precisely that ability to decide for oneself that has made America such a magnet for two centuries.
The way to continue to be a magnet for the best and brightest is not to impose Soviet-style exit taxes to punish people who want to leave the country. That is what oppressive and demagogic regimes do, and it’s humiliating to see U.S. Senators posture in such fashion. The way to punish Mr. Saverin is to make the U.S. so appealing and dynamic again that he’ll be sorry he ever left.
(Thoughts on Mr. Saverin: It’s also worth noting that Mr. Saverin has bent over backward to comply with the law. He has paid all the taxes he owes. This is a state of affairs that Secretary Geithner and Chairman Rangel might aspire to. Furthermore, there are many additional reasons for Mr. Saverin to have renounced U.S. citizenship. He is a young man with a long business career ahead of him. By remaining a U.S. citizen, he would make himself ineligible to participate in non-U.S. business investments and partnerships. Remember FATCA and FBAR require reporting information on non-U.S. citizens to the IRS. For this reason, nobody would enter into a partnership with a U.S. citizen. Leaving aside the fact that FBAR and FATCA requirements impede the mobility of U. S. citizens, they also force U.S. citizens to live under a kind of supervision and probation. This is an intolerable situation. For an ambitious young person, the renunciation of U.S. citizenship may be necessary.)
Speaking of “Soviet-style” exit taxes, the simple fact is that U.S. citizens are among the least free people anywhere. Yes (for the hecklers) that is just my opinion – but I am happy to defend it based on facts and logic.