A policy proposed by members of the legislature in the freest country in the world:
...their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.
The plan would bar individuals like Saverin from ever reentering the United States again.
Just kidding. Not about the proposed policy, that's unfortunately true although it is doubtful that it will pass. I was kidding about this happening in the freest country, since the United States is the 10th most economically free country and it doesn't top the list in other surveys either. The countries ahead of the United States, and even all of the industrial countries that are measured as less free, respect their citizens enough to let them earn income in other places without taxing that income.
The right to exit is a very important institution. It's tempting to label people who leave as "outsiders" or "disloyal" and punish them, but removing this very important safety valve paves the way for things to get much worse in our country. Instead of preventing people from leaving or punishing them after the fact it would be useful to think about why they left in the first place and correct those problems. One of those problems is that this type of political grandstanding actually ends up being turned into a law. Worries about Americans not paying their taxes overseas has led to FACTA, whose high compliance costs which make it exceedingly difficult for expatriate Americans and causes some of them to choose to no longer be citizens.