On Its Dying Breath

Here’s another sign that the United States are toast:

Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who suspect he’s aiming to save on taxes. [Ya think?] Although . . . → Read More: On Its Dying Breath

Message to U.S. Expatriates: Pay Up

On June 17, President Bush signed into law a $1.2 billion military tax relief package, which includes an Exit Tax on U.S. citizens and long-term green card holders who expatriate from the United States. The Exit Tax is part of the Heroes Earnings Assistance and Relief Tax Act (HEART) of 2008.

An American citizen . . . → Read More: Message to U.S. Expatriates: Pay Up