Record number of Americans give up citizenship - Page 2

US citizenship is losing its value substantially? So one thousandth of a percent of US citizens, who live outside USA and has foreign income, is considered substantial?. I do not think substantial means what you think it means.

About tax going higher and higher, let me give you a graph:



Higher and higher eh?
Here's the link to the original article:
http://www.theatlantic.com/business/...charts/255954/

We will have to see if there will be MORE people giving up their US citizenship next year, and beyond.

So let's say next year it doubles to 6000 (which I strongly doubt), that's still 0.00002 of the population.

In 2012 there were 1,031,631 green cards issued. Assuming the number of citizens who gave up their US citizenship in 2012 was 2999 also, then for every person leaving 343 is arriving.

https://www.dhs.gov/yearbook-immigra...nent-residents

And you're saying USA is significantly becoming a less desirable place to live?

And the year after next? Even larger number of people giving up their US citizenship?

Each year itself is not significant. As long as it is an increasing trend, it will become significant because the effects are both cumulative and accelerating.

Think about Detroit. It does not go bankrupt in one night. It finally goes bankrupt after those many cumulative/accelerating years.

We will just wait and see.

The sun will eventually run out of fuel, and when it does all life on earth will expire. Is that event significant? Yes. But since the sun has about another 5 billion years before it runs out of juice, today that fact is not 'significant'.

You don't even have a good projection of the rate of people giving up their US citizenship year after year, yet you freely tacked the word 'significant' to it.

Considering every lost citizen is replaced by several hundred new ones each year, in effect we're not losing citizens, we're gaining them. In 2012 there were 757,434 people who naturalized and became citizen of USA, so 2,999 is not 'significant' by comparison.

https://www.dhs.gov/sites/default/fi...z/table21d.xls

This is extremely bad damage control man