Americans living around the world are feeling under attack. This assault is not coming from terrorists. Rather, it is an attack on their personal integrity and financial lives from the United States government, Congress, Department of Treasury, and Internal Revenue Service (IRS).
U.S. Treasury and IRS expect every financial institution on the planet to become their personal spies.
That is according to an article, FATCA Attack Around The Globe by Lynne Swanson (aka Blaze) at OpEd News
The article also asks:
How in the world did having legal bank accounts, savings, and investments in the country where one lives, earns an honest income, and pays taxes become suspected of criminal or “illicit activities.”
To stop the onslaught and to protect themselves, their families, their homes and their finances, an increasing number are taking the previously unthinkable step of renouncing U.S. citizenship.
The article concludes:
“US persons” living outside US simply need the same rights their ancestors had: The right to live honest, responsible, productive lives in their countries of choice without invasive interference into their financial affairs from the land that they once called home–and which many once cherished.