Sure - that was the whole point. Gin up faux outrage about a few billionaires renouncing citizenship and use it to pass totalitarian legislation guaranteeing the US Government de facto ownership of all of its citizens and their assets. And hardly a peep (excepting Rand Paul) from any so-called "conservatives" in Congress.
Re stealth capital controls:
It’s amazing that no one seems to notice, isn’t it?
When I was a kid, we’d hear about how the non-free countries, like Soviet Russia, Nazi Germany, or even the Latin American dictatorships, would trap their citizens’ assets in the country. Even if you could get out, you couldn’t take it with you. In Germany, people were sewing diamonds into their coats to get out a small fraction of what they’d worked all their lives for.
So, now, in the U. S., which used to be the home of the free in actuality as well as in name only, you can’t take it with you either, unless you forsake your citizenship. And even that is considered a capital transaction event, triggering income taxes. Now, you can’t even have a savings account abroad because no one will take you as a customer.