Tax Dodging? Or Running From A Thief?

Have you heard of Eduardo Saverin, one of the founders of Facebook? He committed the unforgivable sin of renouncing his United States citizenship. Read about it here

“Why?” you ask?  Maybe it was to dodge taxes or as I call it, running from a thief. He says that’s not the case, so take that as you will.

Well Chuck Schumer couldn’t stand that so he’s trying to pass the EX-PATRIOT ACT. Here’s an article on it here. So it’s not so much that he’s leaving, it’s just that Schumer can’t get his greedy paws on those millions. While he discounts the fact you have to pay to leave. You have to pay a tax on all your assets when you leave, an exit tax.

But the larger issue is what makes the Federal Government entitled to any of his money, let alone money he makes after he’s left? And taking this to its logical conclusion, when will they  decide to levy the same tax on people wanting to come to this country?

Something to think about…

Solution: Fair Tax without the Prebate

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