BrikoX

Trump administration to slash fee to renounce US citizenship from $2,350 to $450

https://lemmy.zip/post/60916058

Trump administration to slash fee to renounce US citizenship from $2,350 to $450 - Lemmy.zip

> White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April Archived version: https://archive.is/20260317141337/https://www.theguardian.com/us-news/2026/mar/17/cost-renounce-citizenship-trump-administration [https://archive.is/20260317141337/https://www.theguardian.com/us-news/2026/mar/17/cost-renounce-citizenship-trump-administration] — Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

Mar 17 at 2:50pmWeb
Show threadStinkyFingerItchyBum5d ago
What a great time to not be American!
Show threadfavoredponcho5d ago
Uplifting news
Show threadNateNate605d ago
It’s not. The US taxes its citizens based on income earned worldwide. This prevents wealthy citizens from continuing to enjoy the benefits of US citizenship and use a US passport while also using tax schemes to pretend all their income was earned in foreign tax havens and not subject to income tax.
Show threadLordMayor5d ago

To people that wealthy, $2350 would be nothing. No rich person is keeping their US citizenship because of that fee. And, they’re avoiding taxes just fine as US citizens.

More likely, they want to make it easy for liberals to flee hoping it will help secure a majority for them.

Show threadJamesTBagg4d ago
That’s how I took it. Underlined by the reminder in the last paragraph that Trump is trying to end birthright citizenship.
Show threadTollana12345674d ago
thats what i think, they are short-sighted since liberal areas financially support the welfare queens. republicans are just too spread out in rural areas to make up the difference in the end.
Show threadishartdoritos5d ago
And as with everything US this fucks regular expats and the rich don’t give a shot because they’re already “not earning anything”.
Show threadswelter_spark5d ago
I didn’t even know you had to pay for this.
Show threadDarkFuture5d ago

Lol. It cost $2350 to stop being American?

That is the most American thing I’ve ever heard of.

Show threadPyr4d ago
I think American citizens living abroad still have to pay income taxes or something. So they probably wanted to disincentivize getting rid of citizenship so they still get your taxes.