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Saturday, November 16, 2013

More Americans Are Abandoning The U.S.

This year will set a record for expatriations by U.S. taxpayers, with at least a 33% increase from the previous high in 2011.

The Treasury Department published the names of 560 people who either were U.S. citizens renouncing their citizenship or long-term residents who turned in their green cards during the third quarter. The department doesn't distinguish between those giving up passports and those turning in green cards.

That brings the total so far this year to 2,369, according to Andrew Mitchel, a tax lawyer in Centerbrook, Conn., who tracks the data. For all of 2011, the number of published expatriates was 1,781, he said.

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2 comments:

  1. Scholastic books used to bring great literature to children. It has become just another way to dumb down the culture. Their offerings, which teachers push to earn free classroom materials, are connected to TV shows and movies. one more way to make a buck. Pathetic!

    ReplyDelete
  2. 9:04 PM

    Yeah but a lot of the students cannot even read the books.

    ReplyDelete

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