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In reply to the discussion: Apparently rich people say they want to leave the USA because of taxes [View all]HughBeaumont
(24,461 posts)6. So . . . like . . .. where are they going to go?
China, Belize or Somalia?
Europe and Scandanavia would kill them in taxes and costs (not saying that's a bad thing: just look at how their tax monies are put to use compared to this lame wealth/war-happy country). Of course, costs don't really matter much when you're at that level of income.
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Apparently rich people say they want to leave the USA because of taxes [View all]
davidn3600
Feb 2013
OP
The UK does not do that. Nobody even has to renounce their citizenship to avoid UK taxes.
Nye Bevan
Feb 2013
#11
I hear that Somalia is nice this time of year. And the taxes are extremely low.
pampango
Feb 2013
#36
Fine. Hope they take the Tea-Nazis with them. I highly recommend the Carnival Triumph. nt.
OldDem2012
Feb 2013
#7
They are not going to be paying that much more than before. What a bunch of jerks.
LiberalFighter
Feb 2013
#8
In order to not be taxed, an American has to give up their citizenship. Those who do this are
Bluenorthwest
Feb 2013
#31
There is nothing stopping a foreign national from continuing to do business here as before
stevenleser
Feb 2013
#29
An expatriate is not necessarily someone who has renounced their citizenship
Art_from_Ark
Feb 2013
#46
No doubt there are some Americans who've decided they want to become Japanese citizens
Art_from_Ark
Feb 2013
#51