Two news items. Draw your own conclusions. From the New York Times:
Eduardo Saverin, one of the founders of Facebook, officially defriended the United States in September, giving up his American citizenship for the more tax-friendly residency status of Singapore.
Mr. Saverin, who was born in Brazil and has lived in Singapore since 2010, plans to remain in the Asian island nation indefinitely. Singapore has a maximum personal income tax rate of 20 percent and no taxes on capital gains Continue reading Facebook founder 'defriends' U.S. over taxes. Something for M. Hollande to take note of?
