Right Wing Lauds Facebook Co-Founder For Renouncing His American Citizenship
Saverin, who owns a roughly four percent stake of Facebook, announced that he was expatriating last week, just in time to avoid paying a federal capital gains tax on the fortune heading his way when the social site files its IPO.
John Tamny at Forbes:
Though no specific reason was given by Saverin for his decision, wise minds could very credibly proclaim him an American hero for doing what he did.
Click here for reuse options!Copyright 2012 Liberaland
Leave a Reply
You must be logged in to post a comment.