It’s not something you get and then wipe your ass with when it becomes a bit inconvenient.
Which is apparently what Facebook co-founder and billionaire Eduardo Saverin thinks it is.
In anticipation of Facebook’s IPO Saverin, who was born in Brazil but who has been a U.S. citizen for the past ten years, has renounced his American citizenship in an effort at evading taxes on his profits from the upcoming IPO. Taxes that could amount to more than $100 million.
Unfortunately for Saverin it appears he’s gotten some really shitty legal advice and that prior to his renunciation he was not aware that when you give up your U.S. citizenship for the purposes of avoiding taxes you may very well be prohibited from ever entering the United States again.
The law is rarely enforced but apparently in Saverin’s case its gonna be — especially now that the press is all over the news and two U.S. senators are on the case — including powerful New York Dem Chuck Schumer — who has said he’s going to make sure that Saverin never gets a chance to return to America.
I say fuck Saverin and the horse he rode in on.
This guy should never, ever, ever be allowed to return to the U.S. for any reason, period.
It’s bad enough that you renounce your citizenship — but to do so in a bald and shameless attempt at evading paying taxes is beyond the fucking pale.
This guy was able to come to the U.S. and attend Harvard — rather than some shit college in the educational backwater that his home country of Brazil is — where he met Mark Zuckerberg and from which he co-founded a multi-billion dollar company thanks to America’s business-centric environment.
And he was able to prevail in a lawsuit against his former partner — a lawsuit that made him stinking fucking rich — thanks to the American legal system.
But now he doesn’t want to be an American.
Or pay taxes.
Saverin and his attorney are apparently now being made aware of the magnitude of their fuckup and are laughably — and desperately — attempting to spin him as a “global citizen” whose decision to renounce his American citizenship just moments before the FB IPO had nothing at all to do with avoiding a tax bill.
Also, too, please ignore the fact that Saverin just moved to Singapore where he doesn’t have to pay ANY taxes at all because that too had nothing at all to do with trying to avoid paying taxes on the FB IPO, says his dipshit attorney.
This guy is nothing more than a rich entitled douchebag and if he ever tries to reenter the States we should arrest him and send him back to whatever rock he crawled out from under in handcuffs and leg irons.
And force him to fly coach to get there.