The Berlin Wall

…comes to the United States, courtesy of the Progressives.

Senators Chuck Schumer (NY) and Bob Casey (PA) are proposing an Ex-PATRIOT Act, which would impose a mandatory 30% tax on American investments for those who renounce their citizenship, and it would prohibit their re-entry into the US.  Moreover, this Progressive law would apply to individuals with a net worth of over $2 million or an average income tax liability of at least $148,000.

Thus it would apply to ordinary small business owners—middle class Americans.  This is a barrier intended solely to prevent Americans from leaving.

A fiscal Berlin Wall.

And they intend to make it retroactive to 10 years ago.  Never mind constitutional injunctions against laws that impact people before they were passed.  That also doesn’t matter to Progressives, because, after all, the Constitution is more than 100 years old, hard to understand, and not binding on anything, anyway.

This is the government Progressives want us to live under for the next four years to forever.

Leave a Reply

Your email address will not be published. Required fields are marked *