Matt Drudge is an ass. Here's a screencap showing today's alarmist edition of his so-called "Report." Scary stuff. Very scary!
Yeah? Well? It's also some serious bullshit.
actual report on "almost 1,800 people" who are, for the most part, wealthy enough to live off of domestic investments abroad.
Out of well over 300 million.
So, what's the real story? It's overwhelmingly one of avaricious greed:
"The decision by the IRS to publish the names is referred to by lawyers as "name and shame." That's because those who renounce are seen as willing to give up their citizenship primarily for financial reasons.
There's also an "exit tax" for the very rich who choose to leave. During the last 25 years, a number of millionaires and billionaires have renounced their citizenship. Among them: Ted Arison, the late founder of Carnival Cruises, and Michael Dingman, a former Ford Motor Co. director."You read that right. 1,800 (mostly) rich people are vexed that the most powerful nation in the world thinks they should pony up for continued access to the toughest consulates and protection from the most heavily armed embassies on Earth while they make a plaything of exploitable economies and simultaneously maintain substantial holdings at home.
In other Drudge propaganda today, an ongoing, anti-terrorism urban-readiness exercise was framed this way...
In Obama's hometown.