No, Turtle, I just believe no-one should have right to get out of their taxes. They have no excuse. I've always paid my taxes in full, and they should pay theirs.
people are always required, upon renouncing, to provide proof they have paid their taxes and settle their account with the IRS.
the exit taxes we have in effect now are above and beyond any taxes due....
if a rich guy renounces, and keeps ownership of a house he has here in the states.. he is requires to pay capital gains tax on that house... even though he did not sell it, nor had plans to sell it... this counts for all of his assets that are susceptible to capital gains taxes if they were to be sold.. the US government pretends you sell all of your assets and taxes you on the gains.
those are not taxes due... there are no sales or gains, yet the taxes are imposed nonetheless.
if they have income, they are taxed an amount based on that income for the next 10 years following renouncement.... regardless if they still have that income coming in or not... and you do not get to deduct anything from that levied amount... 5 kids?.. tough.. no deductions for you.
those are not taxes due.
even if your income is from the country you chose to move to and gain citizenship... you will still be taxed on that income in the US.
not even murderers or rapists are treated this way by the federal government
this stuff goes way beyond paying your due taxes.... it ventures far into the realm of punishing people for leaving the US... and it all requires the government to pretend things happen that didn't happen ( the selling of assets, the future income taxes).. it requires the US federal government to lie.
...and people support it still.... amazing.
oh, and if you want to come back into the country to challenge anything, in a court of law, that the federal government throws at you.... bam.. deportation.. you aren't allowed back in at all..forever.