Godfather Politics: Democrats Push for Wealth Confiscation Law That Has Some Nasty History Behind It

[Patricia M. McBride]

As I have said over and over and over again.  These people long ago forgot they are the servants of the people.  The founders wanted our representatives to serve for short periods of time and then, return home of THEIR jobs.  Being in Washington and dictating to the people is not a job nor should it be a career for anyone and hopefully, the people will be smart enough to rid our country of these folks in the next election!  In addition to what they are proposing there is something going on to disallow return to the United States for any reason for folks like Mr.  Savarin who give up US citizenship (even though Mr. Savarin is not doing it for tax reasons..............the folks in Washington are so money hungry, they will do just about anything right now which is pretty much what happened in Nazi Germany..............pretty much anything and the extermination of millions of people).  What's next for this group of monsters????

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For centuries, millions of Europeans came to the United States to escape the  oppression of tyrannical regimes. Others came for expanded economic  opportunities. With the rise of Nazism in Germany, many Jews saw the handwriting  on the wall and got out with their possessions before it became illegal to do  so. Most didn’t. Gary  North’s comments put a fine edge on the point:

The hypothetical Jewish family in question should  have done a lot more than sew gold coins into their clothes in 1939. The head of  the household should have sold his house and his business. He should have  transferred all of the family’s assets to Switzerland, England, or the United  States. Then he should have directed the family to pack their bags and follow  their money. After August 31, 1939, this became illegal. World War II broke  out.

Sen. Chuck Schumer and some of his fellow Democrats want a new law placed on  the books. It’s called “Ex-PATRIOT”: “Expatriation Prevention by Abolishing  Tax-Related Incentives for Offshore Tenancy.” The proposed law is in reaction to  Eduardo Saverin’s decision to renounce his American citizenship which Democrats  like Schumer believe is a “scheme” to “help him duck up to $67 million in  taxes.”

Saverin is one of the founders of Facebook. He is originally from Brazil . Fearing that their son might be a kidnap victim, the  Saverin family moved to Miami in the early 1990s to find a safe place to live.  Saverin’s father was a wealthy industrialist.

Eduardo Saverin has lived in Singapore since 2009 and renounced his U.S.  citizenship in 2011.

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