Denise Rich: Democrat Who Fled the U.S.

Denise Rich, the wealthy socialite and former wife of pardoned billionaire trader Marc Rich, has given up her U.S. citizenship – and, with it, much of her U.S. tax bill. Rich, 68, a Grammy-nominated songwriter and glossy figure in Democratic and European royalty circles, renounced her American passport in November, according to her lawyer.

via Independent Film News.

Another fine Tax Avoidance / Laffer Curve example.

Good to see a rich Democrat in on the action (no pun intended.)