Published on May 4th, 2012 | by Luis Cavalcanti0
1,780 Citizens Give Up Their Citizenship up from 235
As America tries to close its deficit by uncovering tax cheats, a lot of Americans are starting to give up the very thing that makes them liable to pay for those taxes – their citizenship. This year 1780 citizens renounced their American citizenship. In 2008 that number was only 235. This marks a more than 7-fold increase in the number of citizens who are becoming effectively uncitizened in the name of not-paying-taxes-anymore.
Would you ever give up your citizenship because you hate taxes or as a result of taxes being too complicated?