A Record Rate Of Americans Are Renouncing Their Citizenship
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In the third quarter alone, 1,376 Americans renounced their citizenship, putting the annual thus far above last years previous record breaking number.
The reason is likely due to the Foreign Account Tax Compliance Act making it very expensive for Americans living abroad.
Oh really, that’s why? It isn’t because… you know… everything else about this country??
Read more at independent.co.uk and fortune.com.
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