In response to:

Facebook Billionaire Gives Up Citizenship to Escape Bad American Tax Policy

AudiR102 Wrote: May 14, 2012 4:26 PM
Well, who wouldn't? Did you know that little tax haven Jersey (Channel Islands), off the sores of both Britain and France, has the highest per capita membership in Mensa in the world? Any idea why that might be?

It is very sad that America’s tax system is so onerous that some rich people feel they have no choice but to give up U.S. citizenship in order to protect their family finances.

I’ve written about this issue before, particularly in the context of Obama’s class-warfare policies leading to an increase in the number of Americans “voting with their feet” for places with less punitive tax regimes.

We now have a very high-profile tax expatriate. One of the founders of Facebook is escaping for...

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