US Citizens Giving Up Citizenship At Record Rates

I wish this came as a surprise. Given the insistence and threats made against Americans living abroad that were not filing their income and financial holdings to the IRS and treasury, I guess it’s not a surprise.

I’d be very curious to hear if the government representatives are happy with the results of this whole campaign.

Have any of you renounced? Are you considering doing it? I personally would not because I am considering a move to the US at some point and I’m not paying extra taxes (although I’m paying my accountant several hundred dollars/year)… but I have heard from several US citizens that are strongly considering such a move

credit chart WSJ