In response to:

Facebook Billionaire Gives Up Citizenship to Escape Bad American Tax Policy

AudiR102 Wrote: May 14, 2012 4:29 PM
Taxes should provide for the common defence (of America) and the Court system as honest brokers between free citizens. Everything else should be funded by the people wo actually want it.

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...

Related Tags: billionaire Tax