Taxed Out: Facebook co-founder does not give a 'like' to U.S. tax policy, renounces citizenship; Update: #TaxedOut begins

Weird how that works, huh? Words matter and so do tax rates.

https://twitter.com/#!/jakebeckman/status/200981590866800640

https://twitter.com/#!/curtmercadante/status/200999221292314624

https://twitter.com/#!/GabrielGrimes/status/201022509011841024

More from Bloomberg:

Renouncing citizenship is an option chosen by increasing numbers of Americans. A record 1,780 gave up their U.S. passports last year compared with 235 in 2008, according to government records.

Income-tax rates for top U.S. earners will rise to 39.6 percent from 35 percent next year, and rates on capital gains and dividends also are scheduled to rise unless Congress blocks the increases.

https://twitter.com/#!/shaunroberts/status/201023270881992705

“Galt’s Gulch” coming to fruition? But keep talking about Buffett’s secretary, in between $40,000 per plate dinners, President Obama. That’s so helpful.

Update:

Twitter reacts with #TaxedOut.

https://twitter.com/#!/AlexaShrugged/status/201038540673515520

https://twitter.com/#!/kesgardner/status/201039098461429760

https://twitter.com/#!/collegepolitico/status/201039510736347136

https://twitter.com/#!/LachlanMarkay/status/201041040029925376

https://twitter.com/#!/kesgardner/status/201042787100147712

https://twitter.com/#!/StacyOnTheRight/status/201048185433628673

https://twitter.com/#!/ajwink/status/201048839619231745