With the federal government totally out of control you can certainly understand those who have found freedom elsewhere not wanting to pay for our dependency.
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The number of Americans giving up their citizenship has rocketed this year – partly, it’s thought, because of a new tax law that is frustrating many expats.
Goodbye, US passport.
That’s not a concept that Americans contemplate lightly. But it’s one that many of them seem to be considering – and acting on.
The number of expatriates renouncing their US citizenship surged in the second quarter of 2013, compared with the same period the year before – 1,131 cases to 189 in 2012. It’s still a small proportion of the estimated six million Americans abroad, but it’s a significant rise.
The list is compiled by the Federal Register and while no reasons are given, the big looming factor seems to be tax.Continue reading on www.bbc.co.uk