Comment by ndsipa_pomu
9 days ago
Would it be possible for the U.S. to clamp down on emigration too? Maybe threaten high tariffs against countries that take in U.S. citizens.
9 days ago
Would it be possible for the U.S. to clamp down on emigration too? Maybe threaten high tariffs against countries that take in U.S. citizens.
That would be truly exceptional, but: the US already is the only country that makes its citizens pay taxes when they're not resident at all. (Lots will make you pay taxes if you're partially resident)
They could quite easily take out anti-dual-taxation agreements and try to make US overseas nationals pay two sets of tax.
The existing regulations giving the US global jurisdiction over KYC/AML for Americans can also make it hard for Americans to get bank accounts overseas; that could easily be escalated.
Why would they want to?
Does "they" mean the concerned citizens or the U.S. administration?
The administration would likely want to prevent talent from escaping to a more enlightened country.
Talented citizens may want to emigrate if they believe that they will be persecuted because of their skin colour or gender etc.