{"id":77419,"date":"2012-07-15T19:33:10","date_gmt":"2012-07-16T01:33:10","guid":{"rendered":"http:\/\/dyspepsiageneration.com\/?p=77419"},"modified":"2018-08-21T15:52:03","modified_gmt":"2018-08-21T21:52:03","slug":"from-patriots-to-expatriates","status":"publish","type":"post","link":"https:\/\/dyspepsiageneration.com\/?p=77419","title":{"rendered":"From Patriots to Expatriates"},"content":{"rendered":"<p><a href=\"http:\/\/takimag.com\/article\/from_patriots_to_expatriates_brian_lasorsa\" target=\"_blank\">Read it.<\/a><\/p>\n<blockquote><p>Eduardo Saverin is the most notable tax expatriate this year. The Facebook cofounder renounced his US citizenship after learning that his earnings on the company\u2019s IPO would be taxed upwards of $67 million. Since Singapore has no capital gains tax, Saverin moved. Now he gets to keep everything he earned. Saverin now seems interested only in Brazilian start-ups looking to get involved in the Asian market, so American companies can forget about any extra investment opportunities his wealth would have provided to them.<\/p>\n<p>This was bad news for American entrepreneurs, but we saw no apologies from DC\u2019s parasitic bureaucrats. Instead of loosening the tax collector\u2019s death grip around our only source of economic growth, maggots such as Senator Chuck Schumer decided it\u2019d be best to prevent wealthy expatriates from ever returning to the country.<\/p>\n<p>Acts of personal sovereignty such as Rich\u2019s and Saverin\u2019s threaten government officials because they imply that individuals will move as they wish. It suggests that successful businessmen really will leave the farm when they\u2019re pushed around for too long.<\/p><\/blockquote>\n<p>Used to be, people wanted to move here. Now the government has arranged things so that people want to move elsewhere.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read it. Eduardo Saverin is the most notable tax expatriate this year. The Facebook cofounder renounced his US citizenship after learning that his earnings on the company\u2019s IPO would be taxed upwards of $67 million. Since Singapore has no capital gains tax, Saverin moved. Now he gets to keep everything he earned. Saverin now seems [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77419","post","type-post","status-publish","format-standard","hentry","category-dystopia"],"_links":{"self":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/77419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77419"}],"version-history":[{"count":3,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/77419\/revisions"}],"predecessor-version":[{"id":171122,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/77419\/revisions\/171122"}],"wp:attachment":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}