Renouncing your US citizenship is hard, expensive, and has been getting harder and more expensive all the darn time. If they make losing your US citizenship ea

Renouncing your US citizenship is hard, expensive, and has been getting harder and more expensive all the darn time. If they make losing your US citizenship easy/automatic as part of passing this new law (as many other countries do,) the US is going to lose a lot of citizens, including quite a lot of HNW people who have Caribbean passports. It's the "US Citizens are taxed globally" thing, mostly.