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To: MinorityRepublican
this is bullsh!t...

if you renounce your citizenship which he did last september, and are worth $2 million or more, your total assets are treated as if sold the day before expatriation, and tax is due on the assessed market value

that would include his Facebook shares

23 posted on 05/20/2012 5:59:24 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode

anyone with half a brain who planned on doing this would have been quitely shifting assets out of the US for years to avoid such a tax.


96 posted on 05/20/2012 7:41:33 PM PDT by TexasFreeper2009 (Obama lied .. and the economy died.)
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