CptBengal USA Fan BR Baby Member since Dec 2007 41636 posts Online
Dem Senators propose 30% tax and no renetry policy for expats
(Posted on 5/17/12 at 8:46 am)
quote: The senators will 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.
lsuhunt555 Oral Roberts Fan Teakwood Village Breh Member since Nov 2008 22951 posts
re: Dem Senators propose 30% tax and no renetry policy for expats (Posted on 5/17/12 at 9:16 am to CptBengal)
So they dont have a problem with every Tom, Dick and Harry living here on taxpayers dollar with no citizenship, but the ones who have made enough money to not live by their rules anymore are treated like outcasts? Got it.