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NikKay

05-14-2012 07:20 AM

Quote:

Originally Posted by epitome (Post 18943852)

So he can break the law? This isn't a debate about tax rates, but rather evasion. Huge difference.

For the record, I am for a flat tax. Whether it's 10% or 30%, if you are poor or rich. Based on consumption. That's not what this thread is about.

There are a million laws that are so stupid they deserve to be broken. You'd have to be a sheep to walk around spouting things like "well, that's the law so s/he should have done what s/he was told!"

Barefootsies

05-14-2012 11:26 AM

Facebook Co-Founder: America is OK. It?s the Rules That Are a Pain

Quote:

Eduardo Saverin, the Facebook co-founder who gave up his U.S. citizenship, has nothing against the U.S., just its complicated rules on U.S. citizens holding money overseas, a spokesman said.

Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who suspect he?s aiming to save on taxes. Although Mr. Saverin will have to pay a hefty exit tax for renouncing his citizenship, based on some calculation of his assets, Singapore is a relatively low-tax jurisdiction, particularly for foreign investors, and does not levy capital gains tax. Thus he could save in the longer term.

smutnut

05-16-2012 03:04 PM

There are way more reasons to become a citizen of another country, than to stay one in America. What about healthcare? How's about the way How's about the way whore bags like Eva Longoria think it's okay to work for minimum wage as long as you're not her?

This country is a whore house that every foreigner comes her to exploit, not to embrace. Don't think for one second they want to come here and embrace your way of life. They come here and want you to suck up their baggage

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