Posted on 05/17/2012 6:15:33 AM PDT by C19fan
Facebook co-founder Eduardo Saverin may not be allowed to return to the United States after he renounced his citizenship to save millions in tax. The 30-year-old, who has a $3.64billion stake in the social networking site, migrated to Singapore ahead of the company's massive stock market floatation tomorrow.
(Excerpt) Read more at dailymail.co.uk ...
Obama’s major successes :
1) Gun sales
2) Gold sales
3) Americans renouncing citizenship
I would like to nominate a few more names to the “banned in the U.S.A” list. Where is this list kept?
Where's the obligatory revelation that this greedy bass turd is a huge contributor to Republican candidates?
An oversight, I'm sure.
Perhaps future references will contain this crucial information.
“Give me your tired and poor” because they’ll vote for handouts from power-hungry politicians.
Punish the Evil Rich because rapacious politicians are jealous of them and are infuriated that they have the means to escape flagellation by taxation.
Big whoop. Fly to Mexico and take the route most traveled into our country and he can still vote in elections and get free medical care at any of our fine emergency rooms.
I do not see the draw back for Edwuardo.
No tax option will be taken by all those who can do it with the current revenue grabbing frenzy that has overtaken DC.
Scenario 1 - raise taxes to squeeze as much out of the rich as possible, and implement punative policies to punish them if they try to avoid the squeeze.
Scenario 2 - lower taxes to reasonable levels and the “rich” pay the taxes and keep their money here.
I don’t care if this guy renounces his citizenship but if the SHTF in whatever country he is in you know he will want good old Uncle Sam to bail him out or protect him. Let him deal with it.
I’m not “rich,” but I vacillate between thinking of leaving my beloved USA and mulling over what’s going to be necessary to take it back. My freedom is being eroded as we speak, and the Reds in the White House are plotting to confiscate what’s left of my income and savings.
I wake up in the night with my heart pounding: “Is this Germany in the 1930’s? Should I stand and fight, or take my family and get the hell out?”
Let’s not make Saverin into Patrick Henry.His family has no allegiance to this country!
That thing hitting him in the butt, is the door.
Bye.
America first.
You are not alone.
Singapore is competent enough in things like medical care. It does not lack the wealth.
I wouldn’t like the nanniness of Singapore. Also if I owned or directed a company that was based on free speech on the web, I’d be worried about repercussions from Singapore’s stringent libel laws which allow government officers who think they’ve been dissed in print to sue. The USA would be far safer.
Should I stand and fight, or take my family and get the hell out?
A good question to ask the thirty some thousand per year who are leaving the USA. The old Gray Mare, she isn’t what she use to be ? I understand with little money, a person can go to some foreign country’s and live the easy life ?....maids and servants work for little pay, so I’m told.
Far more are still coming in, honestly or otherwise. But this figure has to be skewed by the government bennies system, which subsidizes illegales that it could kick out (but won’t) to the tune of some ungodly number of dollars yearly.
more power to him getting away from this corrupted govt
IRS is illegal anyway
From one frying pan into another, or maybe the fire even. Singapore looks great in the newspapers because sunshine will get you severe repercussions there.
Don’ forget the cut in our credit rating.
If you are not ‘rich’ then renouncing your citizenship probably wont buy you much anyway.
They have huge tax liabilities for investments they have outside the country even if they live outside the country.
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