07 February 2016 (08:28 UTC-07 Tango 01) / 18 Bahman 1394/27 Rabi’a’-Thani 1437/29 Wu Yin 4713
According to the U.S. Internal Revenue Service, 2015 saw yet another record number of ‘mericans renounce their U.S. citizenship. Note that this is not a count of how many ‘mericans fled their country, but of those who officially renounced their citizenship (the number of ‘mericans fleeing the United States of America is much higher, but there’s no official government tracking of it, however, in 2013 the U.S. Department of State reported that 6.38-million U.S. citizens had fled the country).
4,279 people renounced their U.S. citizenship in 2015, that’s 864 more than in 2014 (which was also a record year). It’s being blamed mainly on the Foreign Accounts Tax Compliance Act (FATCA) which unfairly taxes U.S. citizens living outside the U.S. at a much higher rate than those of us trapped within the U.S.