FishingBuddy Wrote:
Jun 05, 2012 10:24 AM
This is truly insane. Now someone can come to the U.S., be successful, build a business, sell it and Chuck want to hit them with a departure tax when they leave? What about foreign investors who operate businesses here or own property? When they sell should we have a separate capital gains rate for them? If the guy paid his taxes, I don't have a problem with him leaving at all. Chuck seems to think that we are his property and he is to decide what we do with OUR money. I lived in Portland, OR for a while. Tax rate, 9% on anything over $10,000. It did not take me long to figure out that I could move across the river...10 minute drive....to Vancouver, WA. Tax rate 0%.