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FORUMS General Discussions Politics IRiS the Tax Dog, biting at the buttocks of those running away
TOPIC: IRiS the Tax Dog, biting at the buttocks of those running away
Created by: vabeachcouple33
Original Starting post for this thread:
Facebook co-founder Eduardo Saverin renounced his US citizenship in 2011 and now lives in Singapore. He made this move shortly before Facebook announced its IPO intentions, on which Saverin stands to make around $4 billion in capital gains (the capital gains tax rate in Singapore is 0%).

Sens. Schumer and Bob Casey, D-Pa., will unveil the “Ex-PATRIOT Act” – “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy”.

The senators call Saverin’s move an “outrage” and will outline their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.

The plan would bar individuals like Saverin from ever reentering the United States again. ----------------- *cough cough*

Anyone want to ask me again why I continue to plod along in Green Card mode?

Rather than ask why some of the wealthy flee the country with their wealth, the focus is on how to obstruct them from doing so.

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The trick is to start a business and have no employees....then the shit is cut in half...I think people who start retail businesses have no idea what the government will out them through and how everyone will steal them blind because they think everyone who owns a business is rich.

They think we are living in the 1960's.

Ukiah CA
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Yo Z. This topic has come up many times before.

Windermere FL
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Why would anyone go through the shit you have to do to start a business just to make the same as an employee? That is just fucking stupid to be blunt.


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Vabeach:

People like me wouldn't starve to death, people like me would be members of the military which overthrew that meritocracy. We would then install a government and economic system that forced the wealthy to lose their wealth when the economy began to fail.

As to Justus:

Never said I was owed a job, but if I have one, I am owed a living wage by employer who makes any level of wealth above the employees.

Hazle Township PA
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How are people like me keeping you from starting a business? Never mind I figured there would be excuses.

I went from high school straight to the Army, no one, including my parents (who had no money) helped me with any of it. So why can someone like me start a business (actually I'm on my third one) but a brilliant go getter like you can't Robert?


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Robert i will say this again, No one even owes you a job or fair wages. If you want it go get it, But no you wana sit on your ass and have it given to you.

Mickey.

Rayne LA
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No Robert, you haven't struck a nerve. I'm simply baffled as to your utter hopelessness.

tbr once called me out for implying that we live in a meritocracy. I agreed with him that we don't. If we did, people like you would have starved to death long ago.

Windermere FL
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Start my own business? If we had real capitalism, I might... But people like you refuse real capitalism, so why should I waste my time with it?

Until you pay a living wage that supports a stable system, and eliminates the need for social welfare for anyone not disabled. You have not established real capitalism, but rather a bastard child of socialism/communism.

Hazle Township PA
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Robert you always talk about how bad the wages are. Why don't you start a business for yourself instead. I'm sure there are a million reasons you have for not doing that but I'm sure if Steve Jobs could do it you can too.


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Seems I have struck a nerve, have I?

Fact remains that you want the benefits of being a US citizen, but don't want to pay for them.

As for my level of ignorance? Them educate me through experience, not your empty words, because until you stand for the people who make you your wealth... You and all those like you are empty shells, more expendable than the uninformed masses.

Fact is, to have experience, I must have a job that pays. Fact is, people like you depress the wages of everyone, so you can put more wealth into your pockets. Fact is, you think yourselves lords. The problem with lords are that they don't understand that they are the source of the angry mobs anger, until the floor is kicked out beneath their feet and the rope they fashioned with their greed pulls tight around their neck...

In such revolutions, everyone loses, and all freedom is lost. That is my keystone to my anger with you people, your greed is your undoing and feeding the flames of unrest in this nation. That unrest will end in blood, and the death of the freedoms you claim to cherish so dearly.

Hazle Township PA
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TOPIC: IRiS the Tax Dog, biting at the buttocks of those running away