In the latest news, Jeremy Hobson was kind enough to leak to NPR listeners what is going on in the minds of hundreds of millions of Americans, such as Senator Shumar, Senator Reed, President Obama and many others. According to him and Marty Schenker from Bloomberg, the American people would rather renounce their US citizenship than to pay taxes.
HOBSON: And as you have reported at Bloomberg, some people just renounced their U.S. citizenship to avoid taxes.
SCHENKER: It really is extraordinary. In the first half of this year, one – over 1,100 Americans had walked into their embassies and basically turned in their passports versus only 235 for the whole of 2008. And these are people who just are calculating it’s better not to be a U.S. citizen than to face having to pay taxes or prosecution.
From this NPR leak, we have learned that there are only two reasons why stateside Americans have not yet renounced their US citizenship:
- They don’t pay any US taxes
- They pay US taxes but have not yet had the opportunity to move to a different country (a requirement for renouncing)
As a non-American, I have found that people generally change their citizenship for a large variety of different reasons which usually has nothing to do with taxes. Americans must be unique in this regards, differing greatly from the rest of the global population. It is only the Americans who figure that renunciations are only about taxes.