[Paleo Conservative]

More and more young entrepreneurs will LEAVE the USA and not pay taxes, retaining the right to return when they are older or if things go bad overseas. In the meantime the ridiculous taxes paid here, will not be paid by them.

But the US taxes foreign income. How could you avoid paying US taxes, if you retain your US citizenship? If you don't retain US citizenship, how do you maintain a right to return?

[ikka]

But the US taxes foreign income.

Only if you are making more than $85K per year (I think that is the current limit). You can live pretty well for even $24K per year in some countries.

[DuncanWaring]

If you don't retain US citizenship, how do you maintain a right to return?

Easy - just a short hike across the southern border.

[shrinkermd]

Yes, foreign earnings are taxed. Less well known is if you don’t file and are working overseas your passport may be pulled and you either register a citizen elsewhere or return home.