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Title: Rich Democrats Giving Up Citizenship? Outsourcing to foreigners? Post by: WhiskeyGirl on July 10, 2012, 09:55:41 AM How many rich Democrats are giving up their citizenship to avoid taxes? Hmmm...
Some have Swiss bank accounts to save the value of their money. If the IRS knows about the account, is anyone hiding something? What about those that move away to avoid taxes? High taxes and debt are only for the little people! "Denise Rich Gives Up U.S. Citizenship" Quote Denise Rich, the songwriter and socialite who was once married to pardoned financier Marc Rich, has given up her U.S. citizenship, a move that could also help shield her from future U.S. taxes. read more here - http://blogs.wsj.com/washwire/2012/07/09/denise-rich-gives-up-u-s-citizenship/ (http://blogs.wsj.com/washwire/2012/07/09/denise-rich-gives-up-u-s-citizenship/) Quote Socialite Denise Rich, a big Democratic fundraiser, has renounced her United States citizenship, and there is some speculation that she did so in order to avoid paying millions of dollars in taxes. On the Today Show this morning, Star Jones tried her best to defend Rich, who happens to be a close friend, while her co-panelists Dr. Nancy Snyderman and Donny Deutsch were unapologetically calling Rich’s actions “despicable.” read more here - http://www.mediaite.com/tv/star-jones-awkwardly-tries-to-defend-socialite-friend-who-renounced-u-s-citizenship/ (http://www.mediaite.com/tv/star-jones-awkwardly-tries-to-defend-socialite-friend-who-renounced-u-s-citizenship/)... And as if this wasn’t enough, Lauer noted that Rich’s husband, Marc Rich, was famously pardoned by President Bill Clinton after being charged with tax evasion. Lauer used this to argue that U.S. leaders “have been very good to” Denise Rich. Jones insisted Rich has good intentions, and got somewhat confrontational with Deutsch and Snyderman. ~~~ Quote But there’s even more to the bill of particulars against Obama the Outsourcer than his taxpayer-funded overseas “investments.” America gained the highest corporate tax rates in the world on Obama’s watch, and he’s created a regulatory nightmare machine that works to “crucify” American businesses, as one of his EPA bureaucrats famously put it. These are powerful incentives for businesses to move their operations overseas. Executives who would prefer to keep those operations closer to home find it increasingly unreasonable to do so. ... Barack Obama flew to Brazil to provide strong encouragement, and U.S. taxpayer support, for the very same offshore drilling operations he destroyed in the United States through regulatory fiat. How could anyone deny that’s “outsourcing,” implemented through compulsive government force, on a scale beyond anything Mitt Romney has even been falsely accused of? The number of Americans renouncing their citizenship to escape Obama’s taxes has more than doubled over the past year – a dramatic outsourcing of job-creating wealth and talent. There is particular anxiety over the looming threat of Taxmaggedon on January 1 – which Obama resolutely refuses to avoid, except for a tepid one-year means-tested stay of execution for people his ideology defines as “middle class.” The latest high-profile journey overseas to avoid confiscatory U.S. taxes was undertaken by socialite Denise Rich… whose ex-husband Marc Rich is the tax cheat Bill Clinton pardoned on his last day in office, after Denise Rich made lavish contributions to his presidential library and political campaigns. That’s gratitude for you! And let’s not forget that Obama abused his executive powers to dump 800,000 work permits on illegal aliens. He can outsource your job to foreign workers even if the bricks and mortar of the business remain on American soil. read more here - http://www.humanevents.com/2012/07/10/barack-obama-grand-master-of-outsourcing/ (http://www.humanevents.com/2012/07/10/barack-obama-grand-master-of-outsourcing/) |