1. It's a huge hassle - banking in the countries becomes crazy, filing all the taxes is hard - you can't use turbo tax. 2. The amount of money raised by this is

1. It's a huge hassle - banking in the countries becomes crazy, filing all the taxes is hard - you can't use turbo tax. 2. The amount of money raised by this is paltry. 3. It gives people a reason to renounce their citizenship - who don't want to.