Create your free account now! Sign up

Re: Renouncing citizenship .....


Well one of the co-founders of Face Book is renouncing his citizenship so he will not have to pay 800 million in capital gains taxes when ha sells his stock after it goes public.
Also this is becoming the norm for the rich. Ever since Obama took office the number of people doing this has gone up. In 2008 Bush's last year in office 238 people renounced last year alone the number was over 1200.
The state that has the most people doing this is CA go figure.
If everyone is thinking alike, someone isn't thinking.
This is CABL.com posting #343645. Tiny Link: cabl.co/mbByP
Posted in reply to: Renouncing citizenship ..... by LocoDawg
There are 0 replies to this message