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5 citizens who left the U.S. to avoid paying tax

Renouncing U.S. citizenship

With news this week that Denise Rich, ex-wife of a renowned tax-dodger, is renouncing her U.S. citizenship and thereby avoiding taxes, we decided to take a look at other successful citizens who became ex-pats in order to avoid filing a 1040. Apparently it's getting more common as the IRS cracks down on undeclared and untaxed foreign holdings.

Tax attorney Jim Duggan says it's not too difficult for an American to renounce U.S. citizenship. All it takes is an appearance at a U.S. embassy or consulate, some paperwork, and an exit … Read more

Gates gets rock star treatment for final CES keynote

Bill Gates would never have guessed way back when he dropped out of Harvard to start a software company that he might wind up his career with the status of a rock star.

But that was precisely the atmosphere in Las Vegas tonight as he both opened this year's CES conference and closed a final chapter of his career.

Thousands of journalists and technologists queued for some four hours in snake-like lines that wound around several floors of the Venetian Hotel and Casino to hear him give his tenth and final CES keynote.

In just under six months, Gates … Read more