we have a sad situation in this country where American citizens are renouncing their citizenship, taking their wealth to foreign countries in a very, very obvious attempt to avoid any taxation. If, in fact, this constitutional amendment would prevail and be ratified by the States, what would the effect be on American citizens renouncing their citizenship and us trying to stop that outflow for tax avoidance? ... But it is obviously not a serious effort. It is going to go down here very shortly because most people realize that it is just for show. And when the day comes, I believe it will be about the 7th of November, you will wish you spent your time on the floor working on the Patients' Bill of Rights and prescription drugs and financing for schools and a whole raft of other real issues. This is not a real issue. If it were, you would not waive your own rule every time you bring an appropriations act out here.
Gerald Kleczka: “we have a sad situation in this country where American citizens are renouncing their citizenship, taking their wealth to…”
Editor's note · Context
Discussing the implications of a constitutional amendment related to taxation and citizenship.
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