The subject of residing outside of the U.S. at least 330 days/yr has come up before as an effective way to reduce your tax burden (thanks to Melanie for your many informative posts). The many convoluted rules and regulations, never mind the unfairness of double-taxation have prompted a growing number of people to give up their citizenship. I personally know of a few that have already done this, and a number more who have been considering it.
Looks like there will be no end in sight -- with the astronomical national debt, the IRS/gov't will most certainly won't relinquish their strangle-hold on your neck or hard earned dollars. Oh, and the comments at the end of the article are very insightful as well. Read it and weep.
http://www.nytimes.com/2013/04/06/your-money/rules-aimed-at-tax-evasion-abroad-trip-up-average-americans.html?_r=0&gwh=907838A7731D719289FA5F662D 15C781



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