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Politics : American Presidential Politics and foreign affairs
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To: pcstel who wrote (60848)1/3/2013 3:35:32 PM
From: microhoogle!  Read Replies (2) of 71588
 
There will always be people like Eduardo Saverin of Facebook who will benefit from what US has to offer and renounce their citizenship purely to preserve the value of their money. I bet, in the long run all other factors remaining the same, he will be a net loser.


Companies come and and companies go. For every company that incorporates abroad, there will be ten times as many who become successful here in US - tax reasons or not.

If you want a genuine reason to renounce citizenship, this guy might be a good example
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