No Longer “Land Of The Free” – Increasing Number of Americans Leaving the US

No Longer “Land Of The Free” – Increasing Number of Americans Leaving the US

As debt continues to mount, taxes steadily increase, and the economy flounders, a significant number of Americans are renouncing their US citizenship for better opportunities abroad. The Wall Street Journal recently reported, “the total number of published renouncers so far in 2014 is 2,353, putting this year on pace to exceed last year’s record total of 2,999.” With the IRS grabbing a share of income earned by citizens both at home and abroad, those desperate to avoid ballooning government taxation have, like Burger King and some other major corporations, sought relief beyond America’s shores. With the number of these departures rising, Americans continue to watch as the centuries old creed proclaiming America’s dominance as the “land of the free” wanes in validity.

 

Click here to read the full Wall Street Journal article.

 

 

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