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"Americans Voting with their Feet" says Daniel J. Mitchell on the Cato@Liberty blog:

The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax nations such as the United Kingdom are attractive compared to the class-warfare system that President Obama is creating in the United States.

I run into people like this quite often as part of my travels. They are intensely patriotic to America as a nation, but they have lots of scorn for the federal government.

Oh. My. God. The number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Jumped. Rapidly.

If you look at the Financial Times article in question, it's a classic of bad journalism. "unnamed accountants" (no quotes are identified as being from accountants) are relied upon as sources. Only hypothetical connections between the 743 (out of over 300 million) people who comprise this astonishing "trend" are given. We are not told how many of those 743 actually took up residency anywhere in the U.K. There is no indication that any of them gave up their citizenship, even in part, because of taxes.

We are told that people who "live and work" in the U.K. are waiting in line to get British citizenship - despite the fact that living and working in the U.S. would immunize one from any changes in the U.S. tax code. Not that any person would leave the U.S.'s lower tax rate (15-35%) for the higher ones in the U.K (40%).

In the end, it seems that if you're posting on the Cato blog, highlighting any "evidence" that reinforces your libertarian fantasies is necessary to keep up the charade.