Why it is good that the federal tax is citizenship based.
Reader comment on: Stephen Schwarzman's Taxes
Submitted by Lyle (United States), Dec 8, 2010 22:16
Luckily you can't boogie out on the federal tax man as easily. You have to expatriate yourself and renounce citizenship. I would go a bit further and say that if you were to so expatriate yourself you may never re-enter the US again. (Medical care of US quality is available elsewhere). But why Paris? Vegas beckons, as does Seattle.
Note: Comments are moderated by the editor and are subject to editing.
Comment on this item