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papito
on Aug 5, 2021
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Wealthy people are renouncing American citizenship
They could impose a citizenship "exit tax", if you are worth more than X amount of dollars, I reckon.
CodesInChaos
on Aug 5, 2021
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I believe the US already has an "exit tax" where you're taxed on unrealized capital gains when you give up citizenship, similar to how you'd be taxed if you realized the gains by selling.
Chris2048
on Aug 6, 2021
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What kind of capital gains, given foreigners can hold US assets.
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