July 11th, 2012
10:15 AM ET
11 years ago
Former Dem donor Denise Rich renounces U.S. citizenship
(CNN) - Wealthy socialite and Grammy-nominated songwriter Denise Rich has renounced her U.S. citizenship and resides in London, her spokeswoman Judy Smith said Tuesday.
Rich's maiden name, Eisenberg, appeared on April 30 in the Federal Registrar's Quarterly Publication of Individuals Who Have Chosen To Expatriate, though she left in November 2011.
FULL STORY
From CNN Politics
- Biden kicks off 'Invest in America' tour next week
- 10 Cards Charging 0% Interest Until 2024
- Untitled
- House passes GOP education bill that aims to provide additional oversight for parents
- Trump hush money probe goes quiet after chaotic week
- Trump attorney appears before grand jury in Mar-a-Lago classified documents probe
Rich, 68, is the ex-wife of billionaire commodities trader Marc Rich, who was pardoned in 2001 by then-president Bill Clinton for oil profiteering and tax evasion after he fled to Switzerland.
________________________________________________________________________________________________
There's a swift slap in the face for Bubba.
This happening alot lately. First the Facebook guy, now this chick.
Anybody who renounces their U.S citzenship should immediately be put on our no fly list because obviously they don't share our beliefs anymore. This will put an end to their tax dodging unamerican ways, and why is it 99% of them are ultra-rich???
At least 1,788 Americans officially threw away their US citizenship in 2011, a six fold increase since Obama took office in 2009. And experts say more and more Americans will soon be saying 'sayonara' to Uncle Sam if the federal government keeps up its trend of heavily taxing US citizens..
Good Riddance. Who is next? Justin Bieber (please)
Yup.... keep attacking and demonizing rich people Obama, Democrats and leftists! Pretty soon there will be NONE here to pay for all of your masisve government give-aways. The USA is not the only nice place to live you know. And if you're being portrayed as the greedy devil on a daily basis, why would any rich person want to stay here?
Good for her. With the way the Republicans are sabotaging the economy. It is no wonder that people want to leave the US, Where are the Job Bills Congress? This would have created over 1 million more jobs this year.
Obama / Biden 2012
Good for her........guess she does not want Barry to steal her money too. If I had big bux I would do the same. As it is I hide what I can. Actually, I am not opposed to taxes...I am op[osed to the welfare state that wastes our tax money
How much was it she gave Clinton and the corrupt democrat liberal party? Did not notice that in the article. Think it bears repeating. Nor was the fact that her husband who was guilty was given a pardon by the 2nd most corrupt president in our history.
"It may not be coincidental that some of these high profile expatriations are occurring when asset values have been relatively depressed,"
-------------------------------------------------
Does that mean that Romney will be next?
I was mildly amused at the Romney Spanish Language ad. How do you say self deport in Spanish?
..And who cares?
Are we digging to China to unearth something?
I am beginning to see why Mittens keeps his money in foreign accounts. While it is unAmerican, he can make more and pay less in taxes.
Good riddance!!
Good for USA....please get rid of some India guys too.....we need stricter immigration.
"At least 1,788 Americans officially threw away their US citizenship in 2011, a six fold increase since Obama took office in 2009. And experts say more and more Americans will soon be saying 'sayonara' to Uncle Sam if the federal government keeps up its trend of heavily taxing US citizens.."
The article contains an explanation from a tax attorney and expert on these issues that quite clearly and simply explains that the reason people are doing this is because (a) values are down with the recession and (b) TAXES ARE LOW. That combination makes it more likely for people to pull this game because it means far far lower exit taxes and other taxes right now. READ THE ARTICLE. THIS ISN'T BECAUSE TAXES ARE HIGH. IT'S BECAUSE TAXES ARE SO LOW RIGHT NOW.
>Watch how fast the right wing loon machine starts claiming that this is because "taxes are too high"...despite this >expert explaining it's actually because of them being low
they are lower now compared to what they will be if obama and the democrats keep up their class warfare approach to every piece of tax legislation. everything they propose is based on taxing the same people more and more when they people already pay for most of the government and handouts the free riders enjoy. they see the writing on the wall. everything they earn or own is a target and they are doing what they must to survive. if they stay here, obama and the democrats won't stop until they take it all from them.
they are doing what others in here are always faulting people for, voting for their best interests. wouldn't you?