Truthdig - Tag - Tax Dodging

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Tag: Tax Dodging

Talk Radio News Service

Schumer ‘Appalled’ by Conservative Reaction to Tax-Dodger Bill

Sen. Chuck Schumer is ripping conservatives for their response to legislation he co-sponsored that would punish those who renounce their citizenship to avoid paying taxes. The bill was introduced after Facebook co-founder Eduardo Saverin gave up his U.S. citizenship right before he was expected to earn billions from the company’s much anticipated IPO.

Posted on May 24, 2012 READ MORE

Andrew Feinberg (CC BY 2.0)

Bill Takes Aim at Facebook Co-Founder’s Tax Scheme

Facebook co-founder Eduardo Saverin has renounced his American citizenship in a bid to avoid up to $67 million in taxes on the billions he’s expected to make when the company goes public. Democratic U.S. Sens. Chuck Schumer and Bob Casey have introduced a bill to punish such ex-citizens with heavy taxes and bar them from ever re-entering the U.S.

Posted on May 17, 2012 READ MORE | 5 COMMENTS

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