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This isn't talking about average Americans, it is talking about dual citizens who are living in and have significant assets and income in foreign countries. It
by goodcanadian 14y ago
This isn't talking about average Americans, it is talking about dual citizens who are living in and have significant assets and income in foreign countries. It is saying that more and more people are deciding that the many benefits of American citizenship are being outweighed by the onerous tax laws placed on American citizens . . . rules that no other country places on their citizens.
While it would improve the article to have better reporting, it is not a controversial idea. And, it is not limited to Americans. A famous French example is Gérard Depardieu who recently renounced his French citizenship in exchange for Russian citizenship explicitly for tax reasons (and he had no prior connection to Russia).