Sunday, February 05, 2012
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More American Expatriates Give Up Citizenship

New York Times, by Brian Knowlton, WASHINGTON — Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship. “What we have seen is a substantial change in mentality among the overseas community in the past two years,” said Jackie Bugnion, director of American Citizens Abroad, an advocacy group based in Geneva. “Before, no one would dare mention to other Americans that they were even thinking of renouncing their U.S. nationality. Now, it is an openly discussed issue.” Read more: http://www.nytimes.com/2010/04/26/us/26expat.html?src=me&ref=general

FYI - Taxation News

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Take Action Now!

Write to your own Congressman and Senators to urge them to support the Working American Competitiveness Act recently reintroduced by Senator Jim DeMint (R-SC) and Congressman Gregory Meeks (D-NY).

It goes far in remedying the effects of the tax increase imposed on overseas Americans by the recent tax legislation.

Please tell your representatives in Congress to vote for this bill!

Click here for a model letter.

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