What Will Make Facebook's Eduardo Saverin Happier: U.S. Citizenship or $67 Million?

May 25, 2012, 5:18 am by Scientific American: Mind and Brain

Looking at this photo makes you less happy Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship, reportedly to save an estimated $67 million on his tax bill (Saverin denies that the decision was based on financial considerations). The move has drawn the ire of Senators , academics and (especially) newspaper columnists , who view it as a cynical attempt to avoid paying his fair share. Senator Jack Reed of Rhode Island has called for the U.S. Department of Homeland Security to ban Saverin from re-entering the country, and a new bill with bipartisan support would explicitly bar those like Saverin from returning. [More]

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