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Derek Sivers Renounces his US Citizenship

federalregister.gov

31–40 of 178 posts

Re: Derek Sivers Renounces his US Citizenship

#31

Does anyone know why? Tax purposes, political protest, or what? Also: it's funny that the government misspells the acronym of their own law, HIPAA.

There's been talk recently of wealthy americans fleeing the country for tax reasons. If Obama gets reelected, as is expected, he's gonna go all out in his second term (I'm an Obama supporter but I dislike the idea of taxing the entrepreneurs more to fund the lazy government workers).

...Obama has a propsal to tax entrepreneurs?

Rant time: I despise what political discourse in this country has become. Rather than talk about policy we've trained everyone (like marshallp here) to regurgitate sound bites about how this or that politician is "gonna go all out" to do whatever evil thing sounds fun this week. Look: tax policy is a bunch of boring laws. You can read them if you like. You can look at proposed laws and make suggestions, and argue with the specifics of what our government is doing or what it proposes to do.

But slinging around loaded terms like "taxing entrepreneurs" or "lazy government workers" is hurting us all, and helping no one but the spin doctors. Stop it. Try to be smarter than that.

Edit: more spin terms from the reply: "out of our wallets", "my money". Spin if you want, but if you try to argue about policy using language you got from cable news, you'll merely perpetuate the current policy situation (designed almost exclusively to cater to the attention spans of cable news viewers).

Re: Derek Sivers Renounces his US Citizenship

#32
post #2

Is anyone else slightly surprised that: (a) this is public info online, and; (b) it's apparently public because, of all things, HIPPA?

HIPAA is not really about privacy. The name is a good bit of marketing. Don't take my word, check it out for yourself.

Anything beyond the exceptions listed in this link?

http://personalinsure.about.com/od/health/a/Hipaa-Definition...

I'm not really sure what you're referring to but I am curious.

Re: Derek Sivers Renounces his US Citizenship

#33
post #12

As someone who holds three nationalities, and is 2 years away from a fourth: I look forward to the day I hold none. Beligerence of the "State" knows no bounds, I hope we can free ourselves from this regressive construct and, once again, live in this world judged by our own merit and character, beholden to none.

Maybe, but if you're in a country that's going to hell (Russia invades Georgia, Rwanda in 1994) and you're a U.S. citizen, you can be evacuated. In addition, if you're captured in the United States and labeled a "terrorist," you're less likely to be tortured and held in "black" facilities if you're a U.S. citizen. Perhaps not an optimal reason, but it still exists.

[deleted]

Re: Derek Sivers Renounces his US Citizenship

#34
post #29

Earlier quoted context omitted.

Maybe, but if you're in a country that's going to hell (Russia invades Georgia, Rwanda in 1994) and you're a U.S. citizen, you can be evacuated. In addition, if you're captured in the United States and labeled a "terrorist," you're less likely to be tortured and held in "black" facilities if you're a U.S. citizen. Perhaps not an optimal reason, but it still exists.

The U.S. embassy has evacuated my family and we're still paying for it. It's not free. We could have hired a private militia and escaped to safety for 5% of what we paid the state department.

Could you elaborate? I'm interested in knowing more. Where were you, how much did it cost, what services were provided?

Re: Derek Sivers Renounces his US Citizenship

#35
Not sure if he reason is tax related, but I will say this...I'm not starting a company abroad without renouncing my US citizenship. I've been living in and out of the US for the last 4 years now and the fact that we get taxed when we are outside of the country is ludicrous to say the least. Are we really that arrogant?

Re: Derek Sivers Renounces his US Citizenship

#36
post #21

The US Tax Code incents US citizens to drop their citizenship before they have 2M USD in net worth. http://www.law.cornell.edu/uscode/text/26/877

At best, you're referring only to US expatriates. The article you linked does not apply to people living in the US at all. Also, political innuendo aside, Sivers doesn't mention tax avoidance in his reasons for moving to Singapore: http://sivers.org/singapore

IIRC, it is impossible to renounce citizenship (and have it be recognized by the US government) while in the US (being inside a US embassy is I believe not counted as being in the US, and is indeed required). Expatriation is assumed whenever you are talking about (American) citizenship renunciation.

Re: Derek Sivers Renounces his US Citizenship

#37
post #2

Is anyone else slightly surprised that: (a) this is public info online, and; (b) it's apparently public because, of all things, HIPPA?

HIPAA is not really about privacy. The name is a good bit of marketing. Don't take my word, check it out for yourself.

HIPAA stands for "Health Insurance Portability and Accountability Act" there is nothing about privacy in the name.

Re: Derek Sivers Renounces his US Citizenship

#38
post #12

As someone who holds three nationalities, and is 2 years away from a fourth: I look forward to the day I hold none. Beligerence of the "State" knows no bounds, I hope we can free ourselves from this regressive construct and, once again, live in this world judged by our own merit and character, beholden to none.

Maybe, but if you're in a country that's going to hell (Russia invades Georgia, Rwanda in 1994) and you're a U.S. citizen, you can be evacuated. In addition, if you're captured in the United States and labeled a "terrorist," you're less likely to be tortured and held in "black" facilities if you're a U.S. citizen. Perhaps not an optimal reason, but it still exists.

[deleted]

Re: Derek Sivers Renounces his US Citizenship

#39
post #4

Eduardo Saverin (of Facebook fame) is also on that list. Also in Singapore, I think. I wonder -- what their reasons are other than the US tax burden?

Singapore is one of dwindling number of countries that rejects the idea of dual citizenship, so it could be that they just wanted to become Singaporean citizens, in which case they have no choice but to renounce their US citizenship as a condition of doing so.

Re: Derek Sivers Renounces his US Citizenship

#40
post #12

As someone who holds three nationalities, and is 2 years away from a fourth: I look forward to the day I hold none. Beligerence of the "State" knows no bounds, I hope we can free ourselves from this regressive construct and, once again, live in this world judged by our own merit and character, beholden to none.

you want to live in a "free state" but yet you are acquiring just another citizenship? it feels to me like a meat lover giving a presentation on a vegan conference how beautiful world would be if we all eat veggies only, lol! btw: how is the custom board patrol treating you when you cross? some countries like in US while pulling up your name they can see all nationalities you have. I would assume they are hostile tow…

> some countries like in US while pulling up your name they can see all nationalities you have

How does a third world tell US which are its citizens. Doubt there is a global citizenship database? Is there?

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