View Single Post
Old 01-26-2013, 09:26 AM   #7
Rasheed1
3-time NBA All-Star
 
Rasheed1's Avatar
 
Join Date: Jun 2006
Location: Philadelphia
Posts: 10,343
Default Re: Tina Turner Renouncing U.S. Citizenship, Will Become Swiss Citizen

Quote:
Originally Posted by DCL
not only that, but the IRS tax citizens for everything, from estate inheritance tax to transferring a company to your own mother. basically, if you pass things to your own family without even earning a real penny or selling, the US still hits you with bullsh!t taxes.


its something like a 4 or 5 million deductible right now. thats not bad for most people..

mostly its the greedy mofos who renounce citizenship due to taxes
Rasheed1 is offline   Reply With Quote