On: French Entrepreneurs Revolt

[ucee054]

They can be prevented from taking it with them.

Try renouncing US citizenship; you'll have to pay a big penalty to the IRS to do so...

[fusiongyro → ucee054]

Yes, but people are starting to do it. People who get wealthy tend to care about their money a lot, and are very willing to do the math and see if the big penalty at departure is higher or lower than the sustained penalty of staying.