Monday, August 12, 2013 Here’s The Law That’s Driving Record Numbers Of Americans To Renounce Their Citizenship
This is an interesting view in the US:
Of course, every law has compliance costs, and it’s not even clear that it’s such a big problem if more Americans, presumably dual citizens living abroad with relatively weak ties to the U.S., are renouncing citizenship.
So, it’s not a problem when Americans renounce in response to bad policy. I wonder how one defines “weak ties”? I’d define it as being a growing gap between the US and its diaspora. Only the American diaspora seems to care about bad policy:
This has been a major point of complaint for organizations representing American expatriates.
This is not a complaint for stateside Americans? It’s not only a “compliance cost”, but also a federal crime concerning national origin discrimination. It is great that stateside Americans care nothing about their diaspora and don’t mind it when they renounce in response to bad policy. Yet, do they really need the exit and diaspora taxes to demonstrate such?
@bubblebustin
I don’t really understand a lot of the strange and dubious stuff that people do. Some people ‘renounce’ just to go back to live, and act like they’ve found some tax dodge. They’ll even call themselves a sovereign citizens movement as well.