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Nice! I love This Week In Startups, cant wait to read the column. Hah, you really threw a table at him?
12 months ago on Jason Calacanis Joins PandoDaily As a Regular Columnist
@ed_celis @DavidCarcamo @ElanShore
"he met those people by his being here which is something he earned..." - How did he earn that? and btw being an immigrant I know more than most how hard it is to get into this country. But how did he "Earn" it?
"He worked for it and paid his dues" - no thats the whole point he is not paying his dues, he is leaving before the IPO to not have to pay his dues. He is renouncing his Americanness for his Richness.
1 year ago on What Eduardo Saverin Owes America (Hint: Nearly Everything)
@sillyarticle112 You are precicely correct on that matter and some of the arguments here say that this right should be limited... I completely disagree, it should not, it is definitely a right that should be protected.
That being said, I didn't criticized him for exercising his right, I criticized him for having no character and escaping the moral obligation of keeping your wealth and paying taxes in the ecosystem that allowed you to make that wealth.
@sillyarticle112 No one said he doesn't have the Right to leave or that we should change the laws so people cant leave.
You need to understand that having the right to do something does not make it ... right.
@BrunoSilva its definitely not illegal but it is certainly unethical.
Comparing renouncing US citizenship to buying and selling a piece of land is the perfect example of how little some think of citizenship.
1. He went to a US university
2. He met everyone that made FB in the US.
3. He/They build the company in the US.
4. He sued for his 4% in US courts by US law.
5. He will make even more when it hits the US Stock Market
He has a moral obligation to keep his wealth in the ecosystem that allowed him to make it. That is if he had any character.
But somehow he should have no moral obligation to keep his wealth in the US?
Somehow when its time to give the country that made all of that wealth possible a cut, its time to run?
There is a severe deficit of character in this country.
"If you immigrants think that just paying out-of-state tuition covers you debt"
Yeah thats exactly what that said... I suggest you go back to school and take reading comprehension and anger management.
@ntisocial well yeah in large numbers it would definitely work but you know thats never gonna happen.
@Mongolian Translation "I'll do whatever the fuck it takes to make more money"
To be american there is no restriction on what flags you can fly... You, know... the whole "Free Country" thing.
"I think we should expect successful businessmen to use whatever tools are at their disposal to maximise their profits."
Your point of view make me sad for humanity.
"the point is that he showed up and helped start an American company that employs thousands, spurred a social media industry, and is about to IPO at close to 100 billion dollars."
Doing something great does not mean you can skip out on paying your taxes.
"Don't blame him for wanting to forego his citizenship" - no one is blaming him, we are just saying if you made it here, pay the taxes here. is that so hard to understand?
"So my statement is backed up by the rulings of federal judges" - lol, not really, the court said he helped create it and deserves 4%... However the court did not say or can in any way back up the following statements you made...
"It's immigrants like Saverin that made America great"
"He did just as much for this country as it did for him."
That was just you, not the judges, statements that are not worth even putting your name next to them "sillyarticle112"
No not at all actually... Creating something within an environment and ecosystem of wich he was a part of and benefited from is not at all the same as simply making an etrade purchase... Creating is not equivalent to Buying.
Also I think you are confused about what citizenship is, its not something you change when you move. Being an american is not subject to location, you can be an american and live anywhere in the world.
He renounced his citizenship to not pay into the very system that allowed him to create and thrive in.
"It's immigrants like Saverin that made America great" - really its the ones who came, benefited, and then left before they had to pay their share that made this country great?
"He did just as much for this country as it did for him." - How did you calculate that?
"Also, your logic basically indicts any non-US citizen who studies at a US University." - Not really, they pay "out of state" rates for those universities, in other words they pay their fair share.
@Ken Aston no... but thats not what happened here.
Being unhappy with government does not constitute not paying your taxes. Not paying your taxes will not stop any of the things you are mentioning.
Pay your taxes AND Fight for what you believe is right... the two are not mutually exclusive.
@jholyhead Agreed. unfortunately the majority of the population is asleep, in denial (like a lot of the people posting here) and or too busy trying to make it by day by day in the crumbling middle class to do anything about that.
@rodrigolj "I don't understand why you beat on Saverin, given that Facebook (which is what he made) will still be generating huge value in taxes for America."
what does that have to do with it??? So if i made a product of great value should I not be taxed???
I guess by that logic we should tax the creators or Jersey Shore at about 2000%
"If you made it in the USA, *the company you made* pays the taxes in the USA"
Yes and when YOU the individual makes money you also pay taxes... This guy skipped that part by Renouncing His American Citizenship!
Are you are saying that at the point that it no longer becomes financially convenient for you to be an american, you will stop being one? I think that means you never were one.
Sorry but its not ok to believe int he system, use the system, benefit from the system and then say, What? what system, Goodbye!
Again this is coming from an actual immigrant.
@ChrisRossini wow "U.S. took the wrong path about 100 years ago." thats all i gotta say... wow...
@LADLynn "I don't think anyone should be forced to give money and fund things they don't believe in"
you understand there will always be disagreement as to how money is spent right? does this mean no one anywhere should pay taxes?
I will never have kids, should i refuse to pay school taxes? I dont drive, should I be excluded from paying for roads?