I feel like I'm in crazytown when I express distress about taxation - literally people forcibly taking away your property - and ppl act like I'm the crazy one. Sure, you could argue that this forcible theft is worth it, and I'll respect that, but it's still not crazy to be upset.
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Right doesn't mention having to pay for 10 years, or that you have to pay when you're non-resident. Also renouncing citizenship doesn't mean you can't visit the US :)
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It appears the 10 year thing is no longer in effect, although this was the case at one point. They replaced it with an exit tax, which means upon renunciation, all of your assets, including businesses and properties, are taxed as though you sold them.
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