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He presumably paid capital gains taxes on his Facebook stock when he left the country. You might find his disloyalty to America distasteful, as I do - if his c
by gyardley 14y ago
He presumably paid capital gains taxes on his Facebook stock when he left the country.
You might find his disloyalty to America distasteful, as I do - if his citizenship was so easily discarded, perhaps he shouldn't have acquired it in the first place. You might believe long-term capital gains tax rates are too low. But if you're implying this man is a tax cheat who's reneging on his obligations to society, that's just slander. As far as I can tell he followed the law, paid his taxes, and kept his obligations.
- jbooth 14y agoI wasn't slandering Saverin specifically so much as the notion that there's a principled reason to avoid paying taxes. There are plenty of selfish reasons, and I'm not Mother Theresa so I'm not claiming to be better than anyone. But call it what it is.
- gyardley 14y agoI know that some level of taxation is necessary to keep society running along, and am not against taxation per se. But I do try to legally minimize my taxes, because I want my own family to be well-provided for and because I want to direct my charitable giving to my own community and causes. If that's selfish, I guess I'm selfish - but is this motivation truly so terrible?
- jbooth 14y agoNothing so bad about that, I do the same, within reason. I'm just saying acknowledge it for what it is. And when you have billions, it's a fair bit more selfish.