Archive for June 2008
2008 June 12 – Americas
America’s Berlin Wall
Economist (12 June 2008)
http://www.economist.com/node/11554721
The U.S. consulate in Hong Kong currently refuses to accept applications to renounce U.S. citizenship. The soon-to-be-implemented Heroes Earnings Assistance and Relief Tax (HEART) Act will introduce “an enormous penalty” for doing so. “That expats want to leave at all is evidence of America’s odd tax system.”