It’s quite likely that more Americans will be giving up their citizenship.

Ill-conceived rules from the White House have made things worse, not better.

Last month, I put together a list of six jaw-dropping examples of left-wing hypocrisy, one of which featured Treasury Secretary Jacob Lew. He made the list for having the chutzpah to criticize corporate inversions on the basis of supposed economic patriotism, even though he invested lots of money via the Cayman Islands when he was a crony capitalist at Citigroup. But it turns […]

Last August, I shared a list of companies that “re-domiciled” in other nations so they could escape America’s punitive “worldwide” tax system. This past April, I augmented that list with some commentary about whether Walgreen’s might become a Swiss-based company. And in May, I pontificated about Pfizer’s effort to re-domicile in the United Kingdom. Well, to paraphrase what Ronald Reagan said to Jimmy Carter […]

President Obama promised he would unite the world…and he’s right. Representatives from dozens of nations have bitterly complained about an awful piece of legislation, called the Foreign Account Tax Compliance Act (FATCA), that was enacted back in 2010. They despise this unjust law because it extends the power of the IRS into the domestic affairs […]

I’ve written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as France’s greedy politicians are now learning. It’s a lot harder for Americans to escape our tax system, though, in part because of reprehensible exit taxes that […]

Another American company has decided to expatriate for tax reasons. This process has been going on for decades, with companies giving up their U.S. charters (a form of business citizenship) and redomiciling in low-tax jurisdictions such as Bermuda, Ireland, Switzerland, Panama, Hong Kong, and the Cayman Islands. The companies that choose to expatriate usually fit […]