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In that example it would cost $0 to renounce citizenship...
I don't think repeating it again is going to help you bro, either read the link or just accept you don't get it. I do t need constant updates that you still don't understand
And I linked you the IRS website talking about how wealthy you need to be for you to pay it...
I honestly don't know how you're not getting this...
It can't be that I'm not explaining it well enough, because the link isn't making sense to you either
https://www.irs.gov/individuals/international-taxpayers/expatriation-tax
I'm sorry, I can't help you. Try someone else.
Imagine a scenario where you gained Italian citizenship through an accident of birth. Your parents were on holiday, your mother went into labour a bit earlier than expected.
Is the only reason you wouldn't want to be Italian that you want to avoid paying tax there?
If they wait till after they make six figures and get taxed...
Yeah, that's a safe assumption. If it wasn't taxes, they'd have done it sooner, it's not like people jump straight into six figures buddy
The Guardian:
...
...
https://www.theguardian.com/us-news/2021/dec/31/americans-seeking-renounce-citizenship-stuck
Your article is talking about specific delays during COVID because stuff was shut down because of COVID...
Which, since you didn't know, fucked up a lot of shit.
If that COVID denying trump supporter would have done it at some point of the decade abroad before a worldwide pandemic, it would have been easy. Everyone is that article is talking about how COVID affected it, not how it normally is.