Originally posted by ConSigCor:
John Galt anyone?
Speak of the devil.
The number of taxpayers who have renounced their U.S. citizenship has hit a record high. ...The number of U.S. taxpayers renouncing citizenship or permanent-resident status surged to a record high in the second quarter, as new laws aimed at cracking down on overseas assets increase the cost of complying and the risk of a taxpayer misstep.
A total of 1,130 names appeared on the latest list of renunciations from the IRS, according to Andrew Mitchel, a tax lawyer in Centerbrook, Conn., who tracks the data. That is far above the previous high of 679, set in the first quarter, and more than were reported in all of 2012....
Onward and upward,
airforce
