America Needs More Tax Inversion
Americans expatriate because they want to get out of the country. Corporations expatriate for similar reasons. Clem Chambers explains…
expatriation
Tax Exiles Flee America
Entrepreneurs are high-tailing it out of the United States, and it’s the politicians’ fault The U.S. government is driving some of its most productive citizens abroad. The only beneficiaries are countries such as Singapore and Switzerland, which offer sanctuary to Americans fleeing avaricious Uncle Sam. Three years ago Eduardo Saverin, one of Facebook’s founders, joined …
U.S. Senate to Retroactively Punish Runaway Tax Slaves
Years ago, it was virtually unheard-of for someone to give up his/her U.S. citizenship. Then, one by one, a handful of famous cases surfaced… like Sir John Templeton, who renounced his U.S. citizenship in 1964 and moved to the Bahamas. At the time, Templeton was able to save $100 million that he would have otherwise …
A Blueprint for Internationalizing Yourself
The countries of the developed world are experiencing a new class of refugee — members of the middle and upper classes. These rungs of the socioeconomic ladder are realizing that their countries of residence are in many ways going rapidly downhill without much hope of a short- or medium-term reversal. This is particularly true for …