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In reply to the discussion: Senators to Unveil the ‘Ex-Patriot Act’ to Respond to Facebook’s Saverin’s Tax ‘Scheme’ [View all]KatyMan
(4,190 posts)4. why would you bother to renounce your citizenship?
You can have dual citizenship, assuming you qualify for French citizenship in your scenario.
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Senators to Unveil the ‘Ex-Patriot Act’ to Respond to Facebook’s Saverin’s Tax ‘Scheme’ [View all]
Purveyor
May 2012
OP
Not good enough. Congress has the power to impose taxes up to 100%. 26 USC 6672.
AnotherMcIntosh
May 2012
#6
What's the purpose for the question? How is that related to the fact that Congress has the
AnotherMcIntosh
May 2012
#15
Two reasons why you are wrong: (1) The statute doesn't penalize anyone for tax evasion.
AnotherMcIntosh
May 2012
#49
Make me king and I would impose a 100% tax on all amounts that he was taking out of the country,
AnotherMcIntosh
May 2012
#51
I'd support this move. I'm sick of throwing softballs at rich assholes. nt
Comrade_McKenzie
May 2012
#65
Even Marx would say that the Laffer Curve becomes relevant at 100% marginal.
dairydog91
May 2012
#36
I'd be fine with that if we'd then add to our policies to push companies out of the US
jp11
May 2012
#33
Wow, he's going to make about 4 billion dollars and is upset he would have to pay out $67 million
LynneSin
May 2012
#26
Law that is wholly punitive in nature and meant to extract vengeance is *fun* law.
dairydog91
May 2012
#45
Why not just stash the money in the Cayman Islands like Mittens does?
Dont call me Shirley
May 2012
#41
From the movie, it would seem as though Eduardo learned his lesson on how not to get screwed
HotRodTuna
May 2012
#48