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IDemo

(16,926 posts)
Fri Feb 19, 2016, 09:40 AM Feb 2016

The U.S. is making millions from Americans tossing their passports

The U.S. government has collected about $12.6 million in fees since fall 2014, after quintupling the amount it charges for renunciations, according to a CNNMoney analysis of official data. That's more than double the total it garnered over the six previous years.

U.S. citizens and long-term residents now pay $2,350 apiece to ditch their passports or green cards, up from $450 previously.

The higher renunciation charges have come at a time when more people than ever are cutting ties to the U.S.

Last year, 4,279 Americans bid Uncle Sam farewell, up 20% from 2014. That's 18 times as many as in 2008, and the third year in a row that's set a new record.

http://www.wmur.com/money/the-us-is-making-millions-from-americans-tossing-their-passports/38075710

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The U.S. is making millions from Americans tossing their passports (Original Post) IDemo Feb 2016 OP
4000 out of 320 million? I think we replace those numbers in a month. yeoman6987 Feb 2016 #1
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