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Hari Sadu
CNBC Television
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Comments by "Hari Sadu" (@harisadu8998) on "Why a record number of wealthy Americans are renouncing U.S. citizenship" video.
Sweden taxes the crap out of its middle class which America refuses to do. The marginal tax rate for someone making $60000 in Sweden is 52%.
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I can tell you it surely isn't a bunch of poor and middle class folks who are renouncing. It's rich people and those living abroad. It also costs $2300 in fees. And then If you have high income or high net worth, it also costs a capital gains tax.
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