Tina Turner 'to become Swiss, give up US passport' f24.my/SKM0ZF via @FRANCE24 – As far as life decisons go "It's simply the best!"—
U.S. Citizen Abroad (@USCitizenAbroad) January 25, 2013
The US and its #americansabroad ?- see Tim's comment:Jan 26, 2013 10:34:38 PM to the Tina Turner inquisition taxprof.typepad.com/taxprof_blog/2… … …—
U.S. Citizen Abroad (@USCitizenAbroad) January 29, 2013
The real story (assuming it is true) is NOT becoming a citizen of Switzerland. The real story is the renunciation of U.S. citizenship. Switzerland does NOT require her to renounce U.S. citizenship to become a citizen of Switzerland. Furthermore, becoming a citizen of Switzerland does NOT mean that she loses her U.S. citizenship. Hence, it is clear that she is voluntarily relinquishing her U.S. citizenship. Chances are she will pay (or has already paid) a good deal of money in the form the Exit Tax to do this. To put it simply:
Tina Turner is paying money to get rid of her U.S. citizenship!
It’s gotten to the point where people are buying their way to freedom from the U.S.
It will be interesting to see how the “Homelander Elite Corp” spin this story.
She’s simply the best!
Wooooo! Now if this is true then it is big news. The Congress and the PRESIDENT can’t ignore this one. They can’t attack her like they attacked Eduardo Saverin or dismiss her like they did Steve Wozniak. This is because she is an American icon and she is Black. If anyone should be eternally GRATEFUL to the U.S. for what she has it should be her.
How will the powers that be explain this one? Will Schumer, Cockburn, and their ilk be holding a news conference now to reignite the bill to eliminate incentives to expatriation?
“Tina Turner is paying money to get rid of her U.S. citizenship! It’s gotten to the point where people are buying their way to freedom from the U.S.”
Absolutely correct, that is the real story and it needs to be told.
Yes, please work on getting the story out! This is the one that may get their attention.
If you haven’t seen this:
The Tina TUrner press releases state that her hometown Mayor wants to understand why and wants to address those reasons.
I wrote her a letter, but more letters from people with good Writing skills would sway her more than my one.
MAYOR
http://www.haywoodcountybrownsville.com/Contacts.aspx
Jo Matherne, Mayor
111 N. Washington Avenue
Brownsville, TN 38012
731-772-1212
E-mail: jmatherne@brownsvilletn.gov
Will consider that. In the mean time, have you seen this?
Very interesting article and comments at the Tax Prof blog:
http://taxprof.typepad.com/taxprof_blog/2013/01/whats-fatca.html
The comments are better, including: