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Record Number of Americans Renounce Citizenship 2 Years in a Row
Thursday, February 12, 2015 2:26
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schiffgold.com / BY MIKE FINGER / FEBRUARY 11, 2015
A record number of individuals renounced their American citizenship or residency in 2014, according to the Treasury Department – a total of 3,415 people. This number is 14% higher than last year, which was also a record year that clocked in 2,999 new expatriates. While there is no definite way to know why these numbers are ramping up, analysts are pretty sure it’s because the United States extended its draconian tax reporting requirements internationally a few years ago.
The post Record Number of Americans Renounce Citizenship 2 Years in a Row appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/02/11/record-number-of-americans-renounce-citizenship-2-years-in-a-row/
