Special Report: Tax time pushes some Americans to take a hike

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Lawyers report that banking is a big reason why people renounce. "I hear about banking problems again and again and again," says Phil Hodgen, an attorney who has been helping Americans expatriate since 2008. The new reporting rules, he says, pose "a huge administrative burden. It's made Americans too expensive to keep." Many say they parted ways with America for tax reasons.

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