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Axios
Axios
Politics

U.S. tax burden may lead some Americans abroad to give up citizenship

CNBC United States

About a quarter of Americans living abroad are “seriously considering” or “planning” to renounce their citizenship, a new survey found.

Driving the news: Burdensome tax laws for Americans living abroad is the most common reason expats are considering the step, according to the survey conducted by Greenback Expat Tax Services, which polled 3,200 Americans living in 121 countries.

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