
this is what has me more concerneed...
"It will then be up to the person to prove to the IRS that they've left the country for good reason or the government will tax their future investment gains no matter where they live."
What ever happened to innocent until proven guilty?
As for this guy OWING taxes, I did not see that he owed any back taxes so I will assume he is current. If he gives up his citizenship, even before landing a big wind-fall profit, any moneys he has will fall under the tax rules for the country he lives....or so I believe.
Does anyone here honestly KNOW tax law for the USA and his new home country?
I smell class warfare stoked by congress and inflamed by the uneducated.