In response to:

Facebook Billionaire Gives Up Citizenship to Escape Bad American Tax Policy

Pistol Wrote: May 12, 2012 6:44 PM
Why do these moonbeams think of the ultra rich as somebody different? They are just like anybody else. They spend their money where they get the most back for it. They live where they enjoy the highest comfort and quality of life they can afford. They work where they can make the most money for the time and effort they wish to spend .They invest where they decide they will get the best return. Pretty much everybody does these things. How come some leiftwing whackos think rich people are too stujpid to do these things. And what's more, the rich are much much more flexible. They don't have to sit around and take it in the shorts from anybody.

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
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