A good idea doomed to failure by the rapacious US tax bureaucracy:
Sen. Ted Cruz (R-Texas) is slated to introduce legislation next week
that would revoke the U.S. citizenship of anyone fighting or providing
support to terrorist groups working to attack the United States. Cruz said he is filing the Expatriate Terrorist Act in reaction to
the threat posed by the Islamic State in Iraq and Syria (ISIS). It would
provide another level of protection to prevent foreign fighters from
re-entering the United States, he said.
Prediction: once the IRS realizes that this legislation would provide an cost-efficient means for expatriates to get rid of their US citizenship, it will become a non-starter. In fact, with the recent 400 percent increase in administrative fees, (it now costs about $2,500 to drop your citizenship even though it’s about a two-minute process) it would probably cost less to do it by simply donating to ISIS.