this post was submitted on 05 Jan 2026
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It's already the case in the US. Expatriation costs a couple thousand, and for all practical intents and purposes even more since the IRS then checks every last detail of the last five years of your tax returns looking for any reason to fine you (sometimes "accidentally" making mistakes themselves and hoping you pay the fine anyway), so you're going to want to hire an accountant and/or a tax lawyer to ensure you don't get fucked. This applies to anyone renouncing their citizenship regardless of wealth (or, that is, until a certain level of wealth, after which you're thoroughly fucked if you want to leave the US - and we're not talking billionaire level wealth here, far from it).
I am curious antiyanks, since you mention this a lot. Can you actually go into detail about what happened?