I was today years old when I found out that the US makes it almost impossible to renounce your US Citizenship.

The exit tax is so ridiculous that they take like half of your wealth. 😱

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making a story on it by chance?

as a non-american would be curious

Only about 6 years ago, it used to be $1500. Peter Schiff said they would increase the cost and smart people should take advantage of the sale price. I guess he was right about something, even though he still is a citizen

Only applies if your net worth is more than 2 million dollars

liquid net worth or assets inc?

I dunno. Haven’t looked into it much.

Worth it

Tax slaves

But I was thought that US abolished slavery and is fighting for the free world 🤡🌍

I would be willing to be the nomad capitalist has talked about it.

"Land of the free..." is becoming a bad joke.

What money?

What wealth?

For real? Sounds like the most american thing possible, though.

"GIVE US ALL THE MONEY!"

"But I don't wanna be here anymore..."

"Doesnt matter, pay the tax damnit!"

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Moving to Puerto Rico is the only way to avoid paying U.S. federal taxes without renouncing your citizenship.