Are you moving to South America to avoid US tax oppression?

Record numbers of American citizens are leaving the US and renouncing their US citizenship to flee tax oppression. I'd be interested to know how many who are considering moving to South America are doing so for this reason?

For U.S. citizens, cutting ties with their native land is a drastic and irrevocable step. But as Overseas American Week, a lobbying effort by expatriate-advocacy groups, convenes in Washington this week, it's one that an increasing number of American expats are willing to take. According to government records, 502 expatriates renounced U.S. citizenship or permanent residency in the fourth quarter of 2009 - more than double the number of expatriations in all of 2008. And these figures don't include the hundreds - some experts say thousands - of applications languishing in various U.S. consulates and embassies around the world, waiting to be processed. While a small number of Americans hand in their passports each year for political reasons, the new surge in permanent expatriations is mainly because of taxes. Expatriate organizations say the recent increase reflects a growing dissatisfaction with the way the U.S. government treats its expats and their money: the U.S. is the only industrialized nation that taxes its overseas citizens, subjecting them to taxation in both their country of citizenship and country of residence...

See what U.S. expat tax expert Nick Hodges of ExpatCFO has to say in his incredibly informative Expat Tax Reading Room.