Entirely predictable


Posted by:
Phil Hodgen

Written on:
May 11, 2012

Posted in:
Expatriation

Thanks to frequent commenter Tim for the link.

Eduardo Saverin, a Facebook co-founder, renounced his U.S. citizenship last year.

Only an elected official would fail to predict such events.

(There are other utterly predictable events from Federal tax policy that somehow fail to register on the Congressional Richter Scale).

It is also utterly predictable that some politician somewhere will rant about this.  And it is also utterly predictable that the recommended remedy is more regulation, higher penalties, and higher taxes.

The beatings will continue until morale improves, apparently.

EDIT:  Bloomberg reports on the same story.

Atlas Shrugged, apparently.