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Eduardo Saverin Renounces U.S. Citizenship Ahead Of Mega Facebook IPO
Forbes ^ | May 11, 2012 | Brian Solomon

Posted on 05/11/2012 10:55:49 AM PDT by C19fan

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To: C19fan
Magna Cum Laude Economics Harvard 2006.

He has sold some of his shares privately and invested in several startups, all overseas. Not bad for a young guy with a bachelors degree.

Anyway, the US used to be the place to invest.

The US jobs that were never created by him or the next Bill Gates or Steve Jobs will never show up in any government statistic.

But never fear, our government will make sure the rich pay their fair share.

21 posted on 05/11/2012 2:59:56 PM PDT by Jacquerie (No court will save us from ourselves.)
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To: dhs12345

I have not lived there, but am quite familiar with their tax structure. Yes, they do have some high taxes as you mention, but his concern is with the income tax - they top out at 20%, vs our 37.5 - and capital gains tax, of which they have none.

I doubt he cares how much a car costs there.


22 posted on 05/18/2012 5:48:22 AM PDT by green iguana
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