It opens doors and allows you to do business under another citizenship, which has some huge advantages. Yeah, stinks having to deal with it. But you can't really travel abroad without one. There is a stateless person passport available, but you have to be in certain countries to get one. Of course, US Inc doesn't relinquish its claim of ownership easily.
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Yeah, it stinks. I guess that's, in a sense, the biggest scam of the story. Put my ignorance on the back of my financially poor non-travelling self. All I know is, since about 10 years ago, when my Canadian self wants to go it the only other country I ever went, the U.S., I now need a Canadian passport, which wasn't necessary before. That is the only reason I bought one under $100 five years ago. Don't want to sound like U.S.A. bashing but as an accountant I know it to be true that this country as a tendancy to put its hands in everything fiscally. I find it strange that when one of my Canadian customers, who is doing business with an American company on Canadian soil has to fill an W-8BEN form so that the U.S. American government won't collect any taxes before he is paid for the job. Of course, you can get it back later if your not an American but imagine the trouble.
Yep, hassle, expenses, draconian imposition, all because someone does business with an American. Accountants have every right to bash the US.