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Archive for June 2008

2008 June 12 – Americas

America’s Berlin Wall
Economist (12 June 2008)


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.”

Written by usxcanada

12 June 2008 at 6:00 am