The Wall Street Journal reports that 2013 has already set a new record for "expatriations," defined as citizens renouncing their citizenship or permanent residents giving back their green cards. The Journal quotes tax lawyer Andrew Mitchel, who found that there have been 2,369 expatriations as of the end of the third quarter; that's an increase of 33 percent over all of 2011, the previous record-holder.
So would you renounce your citizenship just to get out of paying taxes? We put that question to our readers on Facebook, and it proved to be a divisive issue.
"To take advantage of the US's public services, structure and opportunities and then shirk on taxes to me is not right," said one reader, Matt Gardner. But another, Jim Marrion, put family over country: "to protect everything that I have worked for to prepare for me and my family's future -- YES," he wrote.
What do you think? Let us know in the comments.