In response to:

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

mr_sparky Wrote: May 12, 2012 9:34 AM
tell me is it legal for him to do this mr smith? tell me do you take all the deductions you can on your taxes? if so why, since you must support more and more fed gov. hmm i am a wing nut now and i do love the Lord Jesus.

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...