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Aug 13

Americans renouncing U.S. citizenship at a rate 15 times higher than in previous years

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Government overregulation is forcing many Americans to flee the U.S.

“There’s a lot of them who are tired of the hassle and headache and expense of complying with US tax rules,” says Reed. “Most of them are U.S. citizens who’ve lived abroad for a long-time.”

See here.

The U.S. government is also bullying foreign banks worldwide–demanding that all banks reveal bank accounts held by Americans.