“America still allows emigration; the door has not yet slammed. But America punishes the act and it is proposing legislation to punish it more. For example, a bill called the Ex-PATRIOT Act would ban anyone who expatriates from ever setting foot again on American soil. As the law stands today, the ‘exit tax’ for those who emigrate without renouncing citizenship is to be saddled with a US tax liability in perpetuity; in short, double taxation. The ‘exit tax’ for those who renounce citizenship is the complexity of the process and a confiscation of wealth from those who have it. This is a fiscal Berlin Wall.”

http://dollarvigilante.com/blog/2013/2/11/should-americans-emigrate-or-defect.html

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