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grobstein comments on Optimal Employment - Less Wrong
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Doesn't the US tax income American citizens make abroad? And then financially abuse you if the IRS judges that you gave up your citizenship to lower your taxes?
There used to be a special "expatriation tax" that applied only to taxpayers who renounced their (tax) citizenship for tax avoidance purposes. However, under current law, I believe you are treated the same regardless of your reason for renouncing your (tax) citizenship. Here's an IRS page on the subject:
http://www.irs.gov/businesses/small/international/article/0,,id=97245,00.html
This is not an area of my expertise, though.