They’ve been allowed for decades to avoid paying for the infrastructure and management of the country while simultaneously holding most of the influence.
“Renouncing citizenship” means they’ll give up none of the influence, lose the taxes, live how and wherever they want.
The best thing to do is forbid them re-entry into the country nor to hold controlling interest in any company in the US.
Faced with actual consequences and true separation from the actual thing they care about (their source of wealth, not the country) they will reconsider. I’m not sure if this is a net plus, as they are a selfish lot.
“Renouncing citizenship” means they’ll give up none of the influence, lose the taxes, live how and wherever they want.
The best thing to do is forbid them re-entry into the country nor to hold controlling interest in any company in the US.
Faced with actual consequences and true separation from the actual thing they care about (their source of wealth, not the country) they will reconsider. I’m not sure if this is a net plus, as they are a selfish lot.