Last year, almost 1,800 people … renounc[ed] their U.S. citizenship or handing in their Green Cards. That’s a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It’s also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.
This is not good any way you twist it.
Go read the story. It’s not the tired, poor, huddled masses yearning to breathe free that are leaving. It’s the well educated, the well off, the well healed who are heading for the door. Tired of our unfair tax policies people the rich are saying enough.
Who’s going to pay the bills when these people go?