An unnecessary overreaching of U.S. tax law into Canada

Faced with ever-increasing sovereign debts and galloping deficits, governments are ramping up their tax-collection efforts to avoid the Greek malady of tax leakage. In the process, however, the United States is extending its territorial reach and making victims of nearly a million innocent Canadians with dual Canadian-American citizenship. The United States is one of the few countries that taxes its citizens, regardless of where they live, on their worldwide income. The theory is that citizenship implies duties and responsibilities that require...