Detailed text transcripts for TV channel - FOXNEWS - 20120709:19:40:00
This is becoming a bit of a trend. is there evidence of that? >>trace: well, they did not start keeping numbers about those who give up their citizenship until 1998 but if you look at this chart it has steadily increased. go back to four years, from 2008 to now and look at the numbers: 688 percent increase in 2008 to now and they expect this year to be higher. we talk about denise rich but facebook co-founder, he is among those high profile rich people who also gave up their citizenship. and, those from the conservative cato institute believe the trend will continue. listen. >> there is a lot ...