| Wesley Tanaka ( @ 2008-06-13 09:29:00 |
It's expensive to renounce your U.S. passport
It's the coverage of the random but useful stuff like this that I really like about the Economist (and non-mainstream-American media in general)
It's the coverage of the random but useful stuff like this that I really like about the Economist (and non-mainstream-American media in general)
. . . become law by June 16th, any American who wants to surrender his passport has only a few days to do so before facing an enormous penalty.
read more...
That penalty is buried in an innocuous piece of legislation with the veto-proof name, Heroes Earnings Assistance and Relief Tax (HEART) act.