In response to:

Gee, Thanks, Tax Code: Facebook Co-Founder Renouncing U.S. Citizenship Before IPO

mr_sparky Wrote: May 12, 2012 9:32 AM
How sad that wsmith is a know nothing. tell me why are more people picking up stakes and headed to states then with lower taxes. Not loyal to the states they are from with higher taxes?

It would take a heck of a lot for me to even consider giving up my citizenship with America -- since it is most certainly The Greatest, Most Exceptional, Freest, and Just Downright Bad*ss Nation on Planet Earth -- but... the prospect of losing millions and millions of my well-earned dollars, might at least have me thinking twice about it. Bloomberg reports:

Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce...