Go Back   GameTavern > Peanut Talk > Politics
Reply
 
Thread Tools Display Modes

Facebook Founder Renounces Citizenship
Old 05-11-2012, 02:56 PM   #1
Professor S
Devourer of Worlds
 
Professor S's Avatar
 
Professor S is offline
Location: Mount Penn, PA
Now Playing: Team Fortress 2, all day everyday
Posts: 6,608
Default Facebook Founder Renounces Citizenship

Raise taxes and lose revenue? This is an example of how it happens:

Quote:
Saverin’s name is on a list of people who chose to renounce citizenship as of April 30, published by the Internal Revenue Service. Saverin renounced his U.S. citizenship “around September” of last year, according to his spokesman.

Singapore doesn’t have a capital gains tax [or an estate/death tax]. It does tax income earned in that nation, as well as “certain foreign- sourced income,” according to a government website on tax policies there.
http://www.bloomberg.com/news/2012-0...efore-ipo.html

And Singapore taxes incomes far less than the US. These "havens" will attract many more US dollars as taxes start to rise.

http://www.guidemesingapore.com/taxa...onal-tax-guide
__________________
  Reply With Quote

Re: Facebook Founder Renounces Citizenship
Old 05-11-2012, 04:38 PM   #2
Typhoid
Anthropomorphic
 
Typhoid's Avatar
 
Typhoid is offline
Location: New Caladonia
Now Playing:
Posts: 9,511
Default Re: Facebook Founder Renounces Citizenship

That's some sticking your money on the Caymans type of shit right there.
__________________
Fingerbang:
1.) The sexual act where a finger is inserted into the vagina or anus.
Headbang:
1.) To vigorously nod your head up and down.
  Reply With Quote

Re: Facebook Founder Renounces Citizenship
Old 05-11-2012, 06:40 PM   #3
Professor S
Devourer of Worlds
 
Professor S's Avatar
 
Professor S is offline
Location: Mount Penn, PA
Now Playing: Team Fortress 2, all day everyday
Posts: 6,608
Default Re: Facebook Founder Renounces Citizenship

This entire story reminds me of Ayn Rand's Atlas Shrugged.
__________________
  Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -4. The time now is 11:23 AM.


vBulletin skin developed by: eXtremepixels
Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
GameTavern