[wmfights]

Berlin wall? You don’t have to renounce your citizenship to leave the country. Leave whenever you like. Not much of a wall.

You're wrong.

I do business in the USA and Panama. Outside the USA it is incredibly hard to open a bank account because of FATCA. Also, the USA is one of only two countries (the other is an African country) that will tax you're earnings outside the USA, so you get taxed twice; once, by the country you're in where you made the money and then a second time by the USA.

IOW, the punitative measures to try and keep capital in the USA have created an incentive for people who do business abroad to consider surrendering their passport.

[bjorn14]

Well you can make about $95K taxfree abroad before Obama has his hand out.