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

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.

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favoredponcho 5d ago

Uplifting news

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NateNate60

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.

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LordMayor 5d 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.

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JamesTBagg 4d ago

That’s how I took it. Underlined by the reminder in the last paragraph that Trump is trying to end birthright citizenship.

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Tollana1234567 4d 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.

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ishartdoritos 5d 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”.