Uncle Sam is shaking me down over ObamaCare

I was floored. I’m Canadian. I have a Canadian passport. I haven’t lived in the United States since I was 14. I pay a pile of taxes here. Why should I pay money to a foreign power?

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“It’s a new investment tax,” he said. “It’s supposed to help pay for Obamacare.”…

The only way out is to formally renounce your U.S. citizenship – a serious and expensive business. “People really need to extricate themselves,” John Richardson, a Toronto lawyer who’s an expert on citizenship and taxation, told me in an interview.

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