I disagree with Hightower.

What you will find here is: a centrist's view of current events;
a collection of thoughts, arguments, and observations
that I have found appealing and/or amusing over the years;
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Sunday, July 8, 2012

Renouncing US Citizenship


According to the article at the URL below rich Americans are renouncing their US citizenship at a record rate.  I see two responses to this trend.
 
1.   Impose a higher penalty for renouncing US citizenship or

2.   Remove the reason people are renouncing their US citizenship

Of the two possible corrective actions above I would predict that one’s preference would be pretty much split along  party lines or if you like conservative/liberal.  To avoid being evasive I will note that my preference would be to address the root cause.

1 comment:

  1. I try to observe the "Don't hate the player hate the game" dictum when thinking about social-political maneuvers like this one. But, I'm pretty much a USA-first kind of person, and I have to say that the idea of renouncing citizenship to avoid taxes is a little hard for me to stomach.

    I wouldn't mind some carrot AND some stick here.

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