The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.


Thursday, May 17, 2012

US To Tax Everyone, Everywhere, All the Time?

Got money? The government is claiming it and doesn't want you to leave America without first being taxed into impoverishment. The co-founder of Facebook has renounced his US citizenship. Tax savings: $67 million.
Senators to Unveil the 'Ex-Patriot Act' to Respond to Facebook's Saverin's Tax 'Scheme' ... Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founder Eduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again ... At a news conference this morning, Sens. Schumer and Bob Casey, D-Pa., will unveil the "Ex-PATRIOT" – "Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy" – Act to respond directly to Saverin's move, which they dub a "scheme" that would "help him duck up to $67 million in taxes." – ABC
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