[sami36]

What's anachronistic about it ? it's STILL a haven for tax evaders. What's changing these days is rich people are renouncing en masse their US citizenship to escape the long arm of the IRS. I find it disgraceful & immoral that people elect to abandon their responsibilities as citzien to save a few pennies. Switzerland buckled under US pressure, but what applies to the US doesn't apply to other -smaller- countries around the world , where funds of dubious origins continue to originate from & the money-laundering , let's call it what is is, business keeps on trucking as usual.

[gambiting]

I find it disgraceful & immoral that IRS still wants you to pay income tax on your income abroad, even if your only tie with the motherland is "America" on the passport.