CanadianCountry
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- Jan 26, 2011
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Yes the law has been there, but Obama was the one who forced other nations to comply. This seems more direct reason for renunciations.
I can't say that this can be related to Obamacare unless I know the numbers. How much money Obama is to get by taxing expats and what percent it contributes to the Obamacare budget.
I can't say that this can be related to Obamacare unless I know the numbers. How much money Obama is to get by taxing expats and what percent it contributes to the Obamacare budget.
screech339 said:FATCA is a part of it as well. Again US government didn't crack down on it as much as it did until Obama stepped in. FATCA been around for years long before Obama. Obama only made it worst by forcing foreign countries to comply.