The Economist reports that “”The number of Americans giving up their passports has shot up, from less than 1,000 a year in the late 2000s to a record 3,415 in 2014.” One of the main reasons has to do with aggressive efforts to collect taxes from Americans who earn money outside America: “A new spur is the Foreign Account Tax Compliance Act (FATCA) of 2010, which makes it a lot harder for Americans overseas to get (or keep) bank accounts,... Read more