It may be time for another Boortz “I told you so.”  I’ve been telling you for a while now that Barack Obama and the Democrats are dedicated to the construction of an economic Berlin Wall.  This is not a wall built to keep others out.  Nope. That was not the purpose of the Berlin Wall.  This is a wall built to trap successful businesses and individuals from leaving the United States.  They will be forced to stay as slaves to our cumbersome tax laws and onerous regulations.

The outrage last week was over Facebook’s co-founder renouncing his US citizenship, giving the Democrats the perfect excuse to add another brick to that wall.  Facebook co-founder Eduardo Saverin (born in Brazil) has been living in Singapore for years and last week he announced that he was giving up his US citizenship.  Why the outrage?  Because Eduardo was about to become even richer than he already was.  With Facebook going public, Eduardo’s share was set to be worth as much as $4 billion.  Along with that $4 billion comes a lot of … taxes!  Perhaps as much as $67 million in taxes, to be exact.

This sent the Democrats into a conniption fit.  How dare this rich, successful businessman try to leave our country and not pay his fair share!  So Chuckie Schumer and Bob Casey (Democrats) introduced the Ex-PATRIOT Act with great fanfare.  This would give the federal government the power to confiscate up to 30% of an entrepreneur’s self-made wealth if they renounce their citizenship.

Eduardo Saverin, by the way, says that taxes were not the reason he was leaving the US but that he would pay the taxes, nonetheless.