The number of Americans renouncing their citizenships has been steadily increasing and mostly due to taxes. With certain legislative reform, the wealthy would need to take an additional look at their tax returns, because a fraud or noncompliance would lead to a penalty worth 50% of one's account balance. Although it is technically a civil duty to pay taxes, I personally think it's undesirable to see such a trend, especially when the rich are important sources of the tax money. The idea of taxation is redistribution, yet if the ones who are giving in more stop doing so, the system itself will deteriorate. Difficult situation here I hope I were able to help, but some people in our school don't even file their US tax reports. ;)
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