(Originally posted at http://sakuwa.blogspot.com/2012/06/expatriate-ex-patriot.html. Moved here on March 31, 2017 because it fits better here.
And I note now that there were serious ex-post-facto issues with the bill. Too bad the ex-post-facto clause of the Constitution now seems to have been nullified by ignorance.)
Sometime last month, the news about some famous big shareholder of
some famous US company that was going public and expected its stocks to
shoot through the roof (silly boys) was supposedly going to become a
Shanghai resident and declare himself no longer a US citizen, etc., to
avoid the huge tax burden such a sudden over-valuation would hit him
with. Supposedly.
Silly boys, indeed. Well, the tax burden did not materialize.
Not to say that I would have blamed the guy. The US IRS is out of control.
But
that's not what he did. He was simply asserting his original Brazilian
citizenship. And he paid his US taxes, as well. On time. Well before the
knee-jerk legislative reaction to rumours got started.
But
some US Congresscritter got his shirt wrinkled or something and decided
to sponsor a bill to force people like that to remain subject to US tax
laws, and banned from entry into the US.
This is beyond silliness.
And,
as I understand it, he called the stupid bill the "Expatriate Act"
until someone explained to him the real meaning of "expatriate". (Maybe
I'm wrong about that, but the term "expatriate" in the backronym title
seems inappropriate to an expatriate who wishes he had been making
enough money to pay US taxes all these years of living outside his
homeland.)
Calling it the "Ex-Patriot Act" does not really fix the glaring goof in terminology. And it does nothing to fix the other issues with the Constitution. (Bills of attainder, anyone?)
Anyone
who even voiced support of this bill really should check their
understanding of Constitutional law. I'd go so far as to echo certain
who questioned the Congressional qualifications of Congresspersons who
supported it.
Saturday, June 30, 2012
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