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'I have paid my dues and I'm done with the U.S': Facebook co-founder Eduardo Saverin..
UK Daily Mail ^ | May 17, 2012 | Staff

Posted on 05/18/2012 6:19:09 AM PDT by C19fan

Facebook co-founder Eduardo Saverin, under fire over the tax consequences of renouncing his U.S. citizenship, said on Thursday he is obligated to and will pay 'hundreds of millions of dollars in taxes to the United States government.' The social media entrepreneur and investor said in a statement, emailed to Reuters by a spokesman, that his decision to move to Singapore was 'based solely on my interest in working and living' there.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: atlasshrugged; atlaswantsafreeride; citizenship; dontcomeback; eduardosaverin; escape; escaperoute; expats; facebook; fbipo; freeloaderjohngalt; galt; gulch; loveitorleaveit; renouncecitizenship; saverin; whoisgalt; whoisjohngalt
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I have paid my dues and I'm done with the U.S

Don't let the door hit you you POS

1 posted on 05/18/2012 6:19:18 AM PDT by C19fan
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To: C19fan

Ahh, but what if this starts a trend? Streisand, Baldwin, Moore, etc. doing the same thing? Wouldn’t that make it worthwhile?


2 posted on 05/18/2012 6:22:14 AM PDT by LRoggy (Peter's Son's Business)
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To: C19fan

Who is John Galt


3 posted on 05/18/2012 6:24:20 AM PDT by mnehring
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To: C19fan

I wish everyone who is here only for the $$$ had as much integrity.


4 posted on 05/18/2012 6:25:01 AM PDT by skeeter
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To: C19fan
Don't let the door hit you....

I'm pretty sure people hold doors open for him.

5 posted on 05/18/2012 6:25:25 AM PDT by 1rudeboy
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To: C19fan

According to everything I have read, Saverin has paid every cent of his taxes to date, unlike quite a few members of the senate, congress and the Obama administration.


6 posted on 05/18/2012 6:26:23 AM PDT by Iron Munro (If you want total security, go to prison. The only thing lacking is freedom - Dwight D. Eisenhower)
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To: LRoggy

If Baldwin, Moore etc.. decided to do this, they would want to pass a law restricting them from ever returning to the U.S. IMHO.


7 posted on 05/18/2012 6:26:59 AM PDT by momtothree
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To: C19fan

Fundamental property rights over blind patriotism. I salute Mr. Saverin.

And if this is the new attitude toward those with the means and capital to flee the ship, the ship is going to sink even faster.


8 posted on 05/18/2012 6:27:48 AM PDT by delapaz
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To: C19fan

As worthless as I feel Facebook is, at least Eduardo has produced something which people feel has value.

This is something which cannot be said for the worthless liberal (and RINO) t*rds in the senate and the house. They are in politics because they cannot produce useful work in the real world.

They are corrupt, venal, incompetent dorks.


9 posted on 05/18/2012 6:28:06 AM PDT by Da Coyote
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To: C19fan

I think the problem lies with the taxation of our country. Not our country in general.

This is a Galt move. He’s only one guy but the politicians are doing exactly as they do in Atlas Shrugged, rather than look at their policies, make more law to mooch.


10 posted on 05/18/2012 6:29:19 AM PDT by smith288 (Peace at all costs gives you tyranny free of charge)
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To: Iron Munro

Exactly, we can’t on one hand complain about the over-oppressing taxation and regulation and on the other hand, complain when someone goes Galt because of it.


11 posted on 05/18/2012 6:30:36 AM PDT by mnehring
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To: C19fan
I agree with Mr. Saverin. He has paid US taxes as required. Now, if he has found a better alternative, I see nothing wrong with his taking it. Mr. Saverin has not done anything wrong. In the future, he should be welcomed back in the the US just as other visitors are.

Mr. Saverin should not be labeled a POS for being a good businessman. He earned his money, and it is HIS, not OURS.

12 posted on 05/18/2012 6:31:35 AM PDT by July4 (Remember the price paid for your freedom.)
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To: C19fan

But Jerry Brown is counting on 1.2 billion in Facebook taxes. He’s already written it into the budget. Typical.


13 posted on 05/18/2012 6:31:53 AM PDT by Huskrrrr
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To: C19fan

I can’t blame him. I’m very happy for him, he got out alive. I’d do the same in his position.

It seems all this country wants to do is to bleed all it’s citizens dry so they can be offered food stamps and assistance.

We are all just walking piggy banks to them.


14 posted on 05/18/2012 6:32:25 AM PDT by READINABLUESTATE ("We must hang together, gentlemen...else, we shall most assuredly hang separately." - Franklin)
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To: C19fan

Bye then.

America first.


15 posted on 05/18/2012 6:32:56 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
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To: All

America was founded on freedom. He or anyone else should be free to stay or go...


16 posted on 05/18/2012 6:35:31 AM PDT by Doofer (Still, a man hears what he wants to hear and disregards the rest.)
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To: C19fan

He has committed no crime, has paid his taxes, helped create an industry that is worth Billions - and wants to go home. Instead of asking yourself “Why” he wants to renounce, you attack him.

Meanwhile, we have Millionare politicians who have not paid taxes, or cheated on them, have sold our future down the river - and apparently they are all right?

He is free to do what he wants. He is (or was) a citizen of the United States, not property, not a slave. He need not purchase his freedom. He is free to go; and we are poorer for having lost him.

Seriously, do you feel somehow “entitled” to the wealth he has created? Does he “owe” you something?


17 posted on 05/18/2012 6:35:31 AM PDT by Hodar ( Who needs laws; when this FEELS so right?)
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To: All

America was founded on freedom. He or anyone else should be free to stay or go...


18 posted on 05/18/2012 6:35:47 AM PDT by Doofer (Still, a man hears what he wants to hear and disregards the rest.)
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To: delapaz
Fundamental property rights over blind patriotism. I salute Mr. Saverin.

I gotta agree with you. Instead of criticizing Saverin, politicians should be asking: what is wrong with this country that makes productive people want to leave?

If we're not careful, the USA will become one big California.

19 posted on 05/18/2012 6:36:18 AM PDT by Leaning Right (Why am I carrying this lantern? you ask. I am looking for the next Reagan.)
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To: C19fan

Freepers cheer when a wealthy person moves from California to deny those free spending liberal politicians any more unearned tax money to fund their leftist socialist schemes.

Isn’t this the same tactic on a national scale?

The problem is with our federal government and leftist politicians, not with individuals trying to protect their wealth from avaricious politicians.


20 posted on 05/18/2012 6:43:09 AM PDT by Iron Munro (If you want total security, go to prison. The only thing lacking is freedom - Dwight D. Eisenhower)
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To: C19fan
I have no problem with this.

It is official tax policy of the US feral government to kill the rich, metaphorically for now.

No matter how much money the feral government collects, it will always spend more.

The only way to defeat it is to deprive it of funds.

Anyway anybody finds to accomplish that is fine with me.

21 posted on 05/18/2012 6:44:08 AM PDT by E. Pluribus Unum (Do I really need a sarcasm tag? Seriously? You're that dense?)
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To: C19fan

Buy a clue. When wealthy people (and businesses) start becoming tax refugees, it’s a signal that taxes are too high, not that we need barriers to exit. We turn a blind eye to mass illegal immigration of poor people and drive wealth, talent, industry and jobs abroad. The technical term for this is “suicide.”


22 posted on 05/18/2012 6:45:29 AM PDT by sphinx
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To: Doofer
America was founded on freedom. He or anyone else should be free to stay or go...

Exactly. This isn't Cuba.

23 posted on 05/18/2012 6:46:13 AM PDT by dfwgator
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To: C19fan

He’s a free person leaving a free country and has paid all the taxes he owes. I wouldn’t do it because I love my country that my ancestors fought and died for. On the other hand why is anyone surprised that this is going on? I’d like to see a day when a future President does like Jimmy Carter did for the draft dogers — issue a blanket pardon to anyone who fled our tax system and welcome them back.


24 posted on 05/18/2012 6:46:47 AM PDT by ElkGroveDan (My tagline is in the shop.)
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To: E. Pluribus Unum

He’s starving the beast.


25 posted on 05/18/2012 6:47:24 AM PDT by dfwgator
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To: sphinx

This reminds me of the terrible days in England (the 60s) when all the film stars and tycoons were moving to California to escape taxes. Michael Caine, in particular, took a brutal beating in the media. I don’t think Ringo Starr has ever come back!

There is something very worrying about this development...


26 posted on 05/18/2012 6:49:28 AM PDT by miss marmelstein
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To: C19fan

Well done, Mr. Saverin. Here’s hoping thousands more like you do exactly the same thing.

Atlas, shrug on.


27 posted on 05/18/2012 6:50:25 AM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: mnehring

Actor Andrew Garfield (left) who played Saverin (right) in the movie The Social Network.

28 posted on 05/18/2012 7:04:22 AM PDT by xp38
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To: Doofer
Amen Brother!!
The United States of 2012 ain't the United States I was born in and I do not see it getting better. If I had the resources and was not so old and crippled up, I would be out of here in a New York minute. I decided that two weeks ago when I was passed by an armored car painted “desert brown” with a local cop, dressed in full combat gear, sitting in the open back door dangling an M16. This little city only has about 35,000 people and there is only one reason for that; “To intimidate and dominate”. We have come a long way from ‘to serve and protect”.
Can you just imagine that happening in 1960?
29 posted on 05/18/2012 7:06:54 AM PDT by Tupelo (GARY JOHNSON will cut spending. Will Mit?)
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To: Iron Munro

I heard he’s planning on Tim Geithner’s ehexpertise on Turbotax when it comes to pay.


30 posted on 05/18/2012 7:11:09 AM PDT by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: C19fan

Why is he a POS? Do you think he owes it to the US government to remain a citizen just so they can tax him to death, even though he has lived in Singapore for the last few years? If so, you really are on the wrong site - you would feel more comfortable over on DU...


31 posted on 05/18/2012 7:11:25 AM PDT by CA Conservative (Texan by birth, Californian by circumstance)
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To: C19fan

i don’t blame him for avoiding draconian taxes brought on by this little Kenyan commie!!!


32 posted on 05/18/2012 7:12:44 AM PDT by ontap
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To: Doofer

In fact there is a 1868 law that specifically allows you to renounce your citizenship.


33 posted on 05/18/2012 7:17:21 AM PDT by bjorn14 (Woe to those who call good evil and evil good. Isaiah 5:20)
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To: READINABLUESTATE

Or as I say, we are just wallets to them, there for the picking.


34 posted on 05/18/2012 7:23:11 AM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: dfwgator

Exactly, even though hundreds of millions in taxes hardly counts as starving the beast. They just won’t be able to take more in the future but they sure get a big chunk now.


35 posted on 05/18/2012 7:25:28 AM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: C19fan
If you want to confiscate the wealth of your producers, you absolutely have to restrict their ability to leave.

The Soviets didn't build a wall to keep people out.

36 posted on 05/18/2012 7:27:31 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: dead

“Mr. Obama, tear down this wall.”


37 posted on 05/18/2012 7:29:04 AM PDT by dfwgator
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To: READINABLUESTATE
We are all just walking piggy banks to them.

That's a great line!
38 posted on 05/18/2012 7:29:52 AM PDT by 762X51
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To: C19fan

on the contrary...the man is simply exercising good stewardship of his resources...something that the Chuckie Schumers of the world could never do or understand.


39 posted on 05/18/2012 7:31:27 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: mnehring
Who is John Galt

The leaders are missing the point, we are going to experience a brain drain thanks to the government taxation policies. Higher taxes, limited opportunities and yet they are surprised when the productive people vote with their feet. This is not a new situation, has happened in many other countries.

40 posted on 05/18/2012 7:32:49 AM PDT by Lockbox
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To: C19fan

Saverin’s family has no allegiance to this country.Besides,we’ll get the money from Zukerberg;who
screwed Saverin out of a larger share of the company!


41 posted on 05/18/2012 7:33:02 AM PDT by Dr. Ursus
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To: Lurker

Problem with supporting “Atlas Shrugging” is, the end result for America of doing so, would be indistinguishable from the end result for America, of the communists Cloward-Piven strategy.

Something to think about.


42 posted on 05/18/2012 7:39:27 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
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To: C19fan

“Don’t let the door hit you you POS”

Saverin has the unalienable right to do what he wants with his own money. The coveting of his wealth by tax-grubbers is palatable and sickeningly immoral.

It is clear that people who call Saverin a “POS” are mad that they can’t hold Saverin captive in their tax system so they can continue to expropriate his wealth. They must be on welfare or need more money from Obama’s Stash to fund their EBT Cards.

We will also hear complaints about Saverin not “giving back” or that somehow this country was “responsible” for his wealth. The government was certainly NOT the responsible party here! And all their demands on his wealth have the effect of enabling big and bigger government. There is never any gratitude for the thousands of jobs that Saverin created.

What pitiful Useful Idiots!


43 posted on 05/18/2012 7:39:40 AM PDT by theBuckwheat
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To: Lurker
"Well done, Mr. Saverin. Here’s hoping thousands more like you do exactly the same thing. Atlas, shrug on."

We all should seek to Shrug More...! I have moved from a payroll job to an alternate form of income thus denying the Feds and the State Payroll and FICA taxes.

KUDOS to Saverin for denying the Moochers future Mucho Dinero...!

Starve the Beast!

44 posted on 05/18/2012 7:39:40 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: C19fan

Don’t know if you saw this, but Chucky Schumer wants to double the Capital Gains Tax on people who renounce, plus bar them from ever setting foot in the US again.

And somehow I suspect those will be the ONLY people we manage to keep out of the US.


45 posted on 05/18/2012 7:41:00 AM PDT by Buckeye McFrog
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To: Cringing Negativism Network

Then it is up to the government to set policies such that citizens won’t want to shrug.


46 posted on 05/18/2012 7:42:04 AM PDT by dfwgator
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To: Cringing Negativism Network; Lurker
"Problem with supporting “Atlas Shrugging” is, the end result for America of doing so, would be indistinguishable from the end result for America, of the communists Cloward-Piven strategy."

Yes, exactly we should give even more money to Uncle Sam because it is working so well right now. [/sarc]

Your problem is that you want to keep the status quo and protect a system that is spiraling down at an ever increasing rate.

Sorry Bud but its over. The jobs Unions and Government over-regulation and punitive taxes caused to leave our shores aren't coming back. Our only hope is to dismantle the system in place (Big Gub'ment) so NEW jobs can be created here in the Future!

It took years to get here and it will take years to fix it and anyone wishing to add more Gub'ment regs (Like punishing those fleeing our shores) are just making things worse.

Read Atlas Shrugged its all there in black and white!

47 posted on 05/18/2012 7:50:39 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Buckeye McFrog
Don’t know if you saw this, but Chucky Schumer wants to double the Capital Gains Tax on people who renounce, plus bar them from ever setting foot in the US again.

This is what I find reprehensible. Talk about a POS!

48 posted on 05/18/2012 7:52:30 AM PDT by Dinah Lord
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To: Mad Dawgg

I read Rand’s book cover to cover, long ago.

I just point out to those who view the lessons therein as near Biblical in weight, that the book is fiction.

Fiction.

Perhaps more importantly, Ayn Rand had no way to foresee her “Galt’s Gulch” would in fact be history’s largest communist state.

I’m pretty sure, that’s not what she had in mind.


49 posted on 05/18/2012 7:58:36 AM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
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To: Iron Munro

I don’t blame this guy. I have felt the same way for the last three years. Good for him!


50 posted on 05/18/2012 8:00:54 AM PDT by angcat (GO YANKS!)
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