Friday, May 25, 2012

U.S. Government Violating International Agreements In The Eduardo Saverin Tax Campaign From Congress


Eduardo Saverin

This is a follow up to the articles Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern and U.S. Senator Schumer Speaks About Facebook Founder Like He Is A Runaway Slave For Leaving America.

The U.S. Congress, via senators Charles Schumer and Bob Casey, put on a disgraceful display last week, slamming Facebook co-founder, Eduardo Saverin for leaving America and renouncing his U.S. citizenship (well, that was before Zuckerberg and Facebook fell from grace in the company's subsequent disaster of an IPO).

Some state Saverin's departure is for tax purposes, but he firmly disagrees and has paid huge sums of money in U.S. taxes over the years. The case brings up a very serious issue, of the U.S. government willfully violating international agreements with other nations of the world, regarding taxes.

The general rule in the international community among Western nations is, if one is from another country, but working elsewhere in the world, one pays taxes to the nation one is employed in (America included). That's been the international agreement and standard for years.

Senators Charles Schumer and Bob Casey

However, the U.S. government, via Congress and the IRS, are violating this existing, important agreement, via newfangled legislation, filled with double speak on paper, in attempts at taking the lion's share of taxes, from former and current American citizens that have left the country and are employed elsewhere. Such conduct is duplicitous and dishonest. Not to mention outrageously greedy towards Americans.

It also poses a problem for American expatriates, if the U.S. Congress continues to march any further into international illegality in said maneuvers, via greedily and spitefully trying to bankrupt people that have left America and now work and live elsewhere, via double taxation (taxes in two countries).

To enforce the aforementioned illegal double taxation, Congress and the IRS, may resort to criminal extraditions to vindictively snatch back Americans working and living abroad, for not paying taxes in America, in addition to their new nations. This would mean they would be working with no money to show for it, being illegally forced to pay taxes in two countries.

Ultimately, it will trigger a pattern of certain nations legislatively cancelling their extradition treaties with the U.S. government, over abuses thereof for financial gain in the tax realm. This would become a doubleedged sword for Washington, as people abroad accused of serious crimes regarding America, would never face justice in the States. What you will also see is creative and financial geniuses fleeing or not coming to America with their ideas and investments, in favor of living and working in countries with no extradition treaties with the United States.