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Thursday, June 26, 2008

America's Berlin Wall FROM The Economist

QUEUES of frustrated foreigners crowd many an American consulate around the world hoping to get into the United States. Less noticed are the heavily taxed American expatriates wanting to get out—by renouncing their citizenship.

In Hong Kong just now, they cannot. “Please note that this office cannot accept renunciation applications at this time,” the consulate's website states. Apart from sounding like East Germany before the fall of the Berlin Wall, the closure is unfortunately timed. Because of pending legislation on President Bush's desk that is expected to become law by June 16th, any American who wants to surrender his passport has only a few days to do so before facing an enormous penalty.

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