Americans bailing on US citizenship hits record numbers

The number of Americans renouncing their U.S. citizenship or changing their permanent residence to another country reached an all-time high in 2013, according to a Treasury Department report published Thursday.

Not only did the number shatter the previous record set in 2011, but it represented a 221 percent increase from the year before, according to the International Tax Blog.


The blog attributed the exodus to three factors:

1. Increased awareness of the obligation to file U.S. tax returns by U.S. citizens and U.S. tax residents living outside the U.S.;
2. The ever-increasing burden of complying with U.S. tax laws; and
3. The fear generated by the potentially bankrupting penalties for failure to file U.S. tax returns when an individual holds substantial non-U.S. assets.

It’s often said that a nation can be judged by the number of people who want in, so the reverse should also be true — that Obama’s America can be evaluated by the number of people who want out.

Black residents reject Trader Joe’s because it would attract too many white people


Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!

Success! Thank you for donating. Please share BPR content to help combat the lies.


We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

PLEASE JOIN OUR NEW COMMENT SYSTEM! We love hearing from our readers and invite you to join us for feedback and great conversation. If you've commented with us before, we'll need you to re-input your email address for this. The public will not see it and we do not share it.

Latest Articles