Stereotype That People Renouncing U.S. Citizenship Are Wealthy Tax Dodgers Is Ridiculous
April 26th, 2014Is this fairly standard with members of the American diaspora around the world now?
When you encounter a group of Americans abroad, are they talking about the U.S. in terms that range from total disappointment to quivering, tear inducing horror?
—I’m Now a New Zealand Citizen
Via: AP:
Decisions to renounce “are driven by a whole range of emotional considerations. … You’ve got anger, you’ve got fear, you’ve got a strong sense of indignation,” said John Richardson, a Toronto lawyer who advises people on expatriation. “For many of these people, this is not a tax issue at all.”
