[tehlike]

Nobody will leave the country, i think that's a very bold prediction. The ones that would leave would be hidden bitcoin millionaires/billionaires.

I agree on the "they are too late" point, but think of it this way: US already knew about your financials. This law doesn't change that.

[rothbardrand]

People are already leaving the country, and at an increasing rate. The rate of renouncements of US citizenship has been rising for the past 20 years but sharply under Obama. They have started making it HARDER to renounce, as some sort of attempt to keep people in-- one of the pieces of advice you will see often regarding renunciation is to never tell them you are renouncing for tax reasons.

That's one of the reasons they will refuse (yes, you have to beg permission to be let out of your slavery, er, citizenship)..... so the old saw of "you owe taxes because you choose to be here" is false..

More and more americans are leaving without renouncing, just going off the grid in asia or wherever, showing up only to renew their passports.

Once some country is smart enough to offer citizenship to educated americans, the trend will become a tide.

[tehlike]

Nothing that i am actually worried about: https://www.usnews.com/news/best-countries/articles/2017-02-...

around 5500 in 2016.

[tehlike]

There are countries giving citizenships already for the educated bunch. But most of this is catch22 - you have to have the smart people to attract even smarter people.