Tuesday, April 27, 2010

More American Expatriates Give Up Citizenship

Subject: txt tax lbrty bdd othr -
Amid mounting frustration over taxation [American expats are taxed twice], growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship. “What we have seen is a substantial change in mentality among the overseas community in the past two years,” said Jackie Bugnion, director of American Citizens Abroad, an advocacy group based in Geneva.

“Before, no one would dare mention to other Americans that they were even thinking of renouncing their U.S. nationality. Now, it is an openly discussed issue.”

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