So Chuck Schumer wants Saverin to pay to leave the US? Sounds like something Castro or Stalin would do. Stalin: Jews can leave, they just have to give up all their wealth.
Thomas Sowell: There are no solutions, just trade-offs.
If I was Saverin, I'd publically ask Schumer to explain which law would require that and then when he can't, give that blowhard he finger. We want people to stay here who have millions and billions...they eventually have to buy, invest, create businesses, and pay taxes at every step. 01/01/13 is going to suck a big chunk of money out of the private hands and into the governments and very little if any will pay down the debt.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
LadyJazzer wrote: Rush said it...The ditto-heads believe it...and that settles it...
No... I didn't post anything or mention anything about Rush... as I posted in the comment that started this thread...
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 his tax bill.
Facebook plans to raise as much as $11.8 billion through the IPO, the biggest in history for an Internet company. Saverin’s stake is about 4 percent, according to the website Who Owns Facebook. At the high end of the IPO valuation, that would be worth about $3.84 billion. His holdings aren’t listed in Facebook’s regulatory filings.
Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country. The Brazilian-born resident of Singapore is one of several people who helped Mark Zuckerberg start Facebook in a Harvard University dorm and stand to reap billions of dollars after the world’s largest social network holds its IPO.
“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” said Tom Goodman, a spokesman for Saverin, in an e-mailed statement.
It was "Bloomberg" that said it. Everyone on this thread already knows that the lead in to this thread came from Bloomberg news, not Rush. I quoted the story over in the first comment. If you didn't have so many people on ignore you wouldn't look so f'king stupid and you would be in the position to actually debate the points made on this thread. Instead you would rather talk to an empty room of imaginary foes.
You've become a parody the leftist who would rather go :can't hear .[/quote]
Martin Ent Inc wrote: The guy already lives out of the country.
Bully for him saving 37M in taxes. More will follow.
You are an amazing fool! What he is doing is illegal. How did you feel when protesters refused to pay taxes that supported certain wars? Even the R speaker of the house said he was scum.
Hypocrite!
Are you trying to beat out BM for the dumbest poster title?
I hate people that have no integrity. What he is doing is wrong and he knows it. To take a phrase from the movie Wall Street, "how many boats can you water ski behind?" As I stated on Egbound.com I am so sick of hearing about FB. They have peaked and mark my words, just like Ebay after they went public, they will go downhill big time. I am hoping Communities Bound will be the ones to pick up the slack. Call us if you want to compete with FB and make it a horse race.
