Americans Are Still Giving Up Their Citizenship at Record Rates
12th August 2016
To put this in context, fewer than 300 people chose to cease being Americans in all of 2006, meaning renunciation rates have arisen about 15-fold in a decade.
So why are so many folks saying so long to Uncle Sam? The Treasury Department, which is obliged to publish quarterly lists, doesn’t offer any explanations.
But the best guess is probably not Republican presidential candidate Donald Trump (yet), but the the U.S. tax system.