John Tamny of Forbes calls America-denouncing billionaire an "American hero"

Earlier this month, Facebook co-founder Eduardo Saverin renounced his U.S. citizenship in a move that most have considered a way to save taxes (even if he denies it). Fiscal conservatives proceeded to show that - to them - patriotism has a price tag. See the link for several examples and an explanation of why we don't want people like Saverin in the U.S. to begin with.

Yet another example of fiscal conservatives showing how much they put money before their country comes from John Tamny of Forbes. On May 13, he offered "For De-Friending The U.S., Facebook's Eduardo Saverin Is An American Hero" [1]

As is well known now, Facebook co-founder Eduardo Saverin recently renounced his U.S. citizenship. Though no specific reason was given by Saverin for his decision, wise minds could very credibly proclaim him an American hero for doing what he did.

Indeed, Saverin’s U.S. “de-friend” is great for economic growth on its face, and then the political implications of his move will hopefully pay future taxation dividends that accrue to entrepreneurialism and advancement. Media members will vilify Saverin, but hysteria from that quarter is to be expected...

...That Saverin has chosen to avoid supporting the Leviathan is a heroic act that will hopefully make investors a little bit more gun-shy about investing in U.S. debt. And if the loss of Saverin’s millions means fewer government programs will achieve funding, U.S. taxpayers will make up for the Saverin shortfall in spades given the seeming inability of Congress to “sunset” any program...

...In Saverin’s case, his decision to renounce his U.S. citizenship will have a definite impact, and for that, those of us who seek smaller government should view him as a hero. Saverin’s decision will starve the feds of revenue they would almost certainly waste, it will force a rethink of a tax code that penalizes income and investment success, and the unconsumed dollars kept from the hands of government will reach today’s and tomorrow’s businesses. Let’s raise a glass to Eduardo Saverin. He’s a true American hero.

It reads like a satire, except Tamny is serious.

See the second link in this post for more on this topic.

[1] forbes . com/sites/johntamny/2012/05/13/