Last week I gave my predictions for France, most of which were pulled from the book Pictures of a Socialistic Future [PDF]. Pictures of a Socialistic Future was a took written at the end of the 1800s that property predicted many things that would happen in socialist countries. One of the predictions was the socialist state would face a massive exodus of people and would implement laws preventing unapproved departures from the country. Such laws have been implemented in many socialist countries and are put into place to keep wealth and labor in the country by force. Guess what? The United States is officially announcing plans to implement such laws:
Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founder Eduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again.
At a news conference this morning, Sens. Schumer and Bob Casey, D-Pa., will unveil the “Ex-PATRIOT” – “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy” – Act to respond directly to Saverin’s move, which they dub a “scheme” that would “help him duck up to $67 million in taxes.”
The senators will call Saverin’s move an “outrage” and will outline their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.
The process of preventing people from leaving the United States has been underway for a while. Earlier this year legislation was announced that would prevent those who owe taxes from leaving the country. Now the state is moving to make laws that will make it legal for the state to plunder a great deal of your wealth if you decide to renounce your citizenship. Ladies and gentlemen, it doesn’t get much more blatant than this.
You are not a citizen, you are not a free individual, you are a slave according to the state. In their eyes they own you, you are their property. Honestly, if you have any wealth whatsoever get the fuck out of this country now. The ship is sinking and the state is looking to transfer any and all wealth from the people to its cronies and agents before there is no wealth left to take. Eugene Richter warned us what socialism would bring in Pictures of a Socialistic Future and nobody felt it was worth heading his warning. Right now the state is targeting the wealthy because they have the most to take but you can rest assured that laws preventing the departure from the United States will only expand.
Also, the the Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy Act? EX-PATRIOT Act? Really? Really?! Who the fuck is paid to come up with these acronyms?
I hat tip to Snarky Bytes for this revealing story.