The Tax Prof Blog reports that record numbers of americans are expatriating, noting the following:
Today the Treasury Department published the names of individuals who renounced their U.S. citizenship or terminated their long-term U.S. residency (“expatriated”) during the second quarter of 2014. The number of published expatriates for the quarter was 576. The number of published expatriates for the first half of 2014 has been 1,577 (1,001 + 576). Last year there was a record setting 2,999 published expatriates.