L.A. Times - Personal Finance

"You may not like paying federal taxes, but chances are you're not going to renounce your U.S. citizenship to get out of the obligation.

That's probably wise, especially because a tax bill expected to be signed into law this week contains a provision designed to crack down on the roughly 500 rich people who expatriate themselves each year to avoid U.S. income and estate taxes."

Filed under: Estate Tax, Gifts and Gift Tax, Tax