If one renounces U.S. citizenship, there is no need to worry about being liable for foreign income on bank accounts nor for that individual’s bank account to be reported to the UnitedStates.
As Senator Howard explained, the Citizenship Clause excludes not only Indians but “persons born in the UnitedStates who are foreigners, aliens, [or] who belong to the families of ambassadors or ...
The Fourteenth Amendment was thus necessary to overturn Dred Scott and to settle the question of the citizenship of the newly freed slaves. The Fourteenth Amendment made UnitedStates ...