Comment Re:Detroitland (Score 2) 337
That's great! As soon as alllllll the richie richers leave, the entiiiiiire USA can be like Detroit! It's gonna be fucking awesome!!
Not a problem. The US and Eritrea are pretty much the only countries in the world that taxes non-resident citizens. Usually I would question any policy only followed by a single other country, but in this situation I can see why a country might like to have such a policy.
https://en.wikipedia.org/wiki/...
Giving up your US Citizenship might help your unborn children's tax situation, but might not help yours:
https://en.wikipedia.org/wiki/...
"U.S. citizens who renounce their citizenship are subject under certain circumstances to an expatriation tax, which is meant to extract from the expatriate taxes that would have been paid had they remained a citizen: all property of a covered expatriate is deemed sold for its fair market value on the day before the expatriation date, which usually results in a capital gain, which is taxable income."