Diane Francis who is author of “Merger Of The Century” and an advocate of U.S. citizenship-based taxation argues that a Canada U.S. merger would benefit both countries. She is currently promoting her message through a series of media events. (She will be at the University of Toronto Rotman Business School on December 4, 2013.)
Author and journalist Diane Francis sees a mutually beneficial partnership between Canada and the United States. So beneficial, in fact, that she advocates for a merger of the two countries in her new book, “Merger of the Century: Why Canada and America Should Become One Country.” Diane Francis joins Steve Paikin for more.
The article referenced in the above tweet, written by Guelph freelance writer Kira Vermond, is a decent well researched article. It would be good to get an article from her on the citizenship-based taxation, FATCA and the renunciation of U.S. citizenship.
A very interesting article referenced in the above tweet. The comments are even more interesting. This article suggests a trend toward placing greater significance on residence than citizenship. Those opposed to U.S. citizenship-based taxation (everybody) may want to research U.S. jurisdictions where non-citizens are entitled to vote. Voting (deciding how a community is to be governed) and taxation (paying for the community) are part of the same issue.
Essentially, the article makes the point that when it comes to public policy, use of tax revenues, and taxation the important consideration is where one lives (residence) and NOT where one was born (citizenship). Although citizenship-based taxation is NOT mentioned, there is an analogy between voting and taxation – both are related to participation and identification with the place of residence.
As you may know, Robert Wood is a San Francisco tax lawyer who writes a blog for Forbes. I recommend both his posts and the comments to those posts which add great value to the posts.
On October 23, 2013 Mr. Wood wrote a post titled: “Beware Global IRS Reach” It is a good article with a number of very good comments. That said, here is a comment from Andrew Grossman that really stands out. I intend to build a couple of posts around it. The most interesting aspect is captured in this tweet:
“At stake is whether the United States will choose to be the Policeman of a “Pax Americana”, which is a recipe for disaster, or partner with other nations on the way to a safer, more just and more sustainable future”.
From time to time I have written posts call into question the “Official version” of America’s History. An example is the post on the book Liberty’s Exiles by Maya Jasonoff.