"500 American citizens and green card holders in the last quarter of 2009 said goodbye to America forever. Not many, but double the number of expatriations in all of 2008," writes Bill Frezza, a partner at Adams Capital Management, an early-stage venture capital firm. I think his suggestions on what to do about the issue, including "lean on foreign governments to deny economic defectors citizenship" and "pass enough laws to make sure that no one is allowed to get rich in the first place" are intended tongue-in-cheek.
Mr. Frezza also take note of the "carried interest" issue that we've been paying attention to here. His formulation: "Congress is trying to triple the taxes hedge fund managers, private equity firms, and venture capitalists pay on their gains."