He’s made his mint and now he’s up and gone and left the country where he made his riches (never mind he was damn rich to begin with when he arrived with daddy’s money from Brazil) and some legislators aren’t too happy with Eduardo Saverin. For his part Mr Saverin opted that all he wanted to do was be rid of the extraneous media attention that comes with being a minted billionaire. Of course his majestic behavior in Singapore has hardly shielded him from the media scrutiny he supposedly eschews.
But here’s a message to Mr Saverin courtesy of the IRS and State Department since relinquishing his American citizenship:
nydailynews: “Anyone who relinquishes their citizenship always has a non-tax related reason why they’re giving (it) up,” Kehrela Hodkinson, a lawyer at the British firm Law Hodkinson Law Group, told the Daily News. “He would likely have a reason like, ‘I’m living in Singapore.
Which is to say Mr Saverin has probably seen the last of the US the last time he jetted out of here with his privacy and bags of money untouched. That is it’s all too likely that he wont be ever admitted back to the USA.
But there is something in store for Mr Saverin:
Sen. Chuck Schumer (D-NY) and Bob Casey (D-PA) also are peeved enough about the publicized loss of tax dollars that they announced proposed legislation on Thursday aimed at stopping people like Saverin from returning to the U.S. regardless of their reason for leaving.
“The senators called Saverin’s move an outrage and described a plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country,” Schumer’s office said in a press release.
Surely Mr Saverin must be frothing at the mouth and writing each senator a long hand letter beseeching them to reconsider their decision for it is bright and clever chaps like him that give the steam engine called capitalism its chops.
“Please Chuck. Singapore is swell. I’m dating loads of supermodels, living lush and escaping unwarranted media attention. As for them taxes, can’t I send you a campaign contribution or a spare super model to pop out of your birthday cake?’
Oh well, at least there will be more money to buy champagne with, cause you know how supermodels get when they’re deprived of the good shit….