Schumer decries Nazi comparison in push to punish tax-dodgers - Los Angeles Times
24 May 2012, 2:11 pm
WASHINGTON -- One week after proposing a law that would punish Americans who avoid paying large tax bills by renouncing their citizenship, Sen. Charles E. Schumer scolded anti-tax activist Grover Norquist for comparing the legislation to efforts ...

Essential reading: Renouncing U.S. citizenship to save on taxes, and more - Reuters Blogs
22 May 2012, 9:48 am
Welcome to the top tax and accounting headlines from Reuters and other sources. * No comment necessary: Grover Norquist plays the Nazi card. Andrew Rosenthal – The New York Times opinion. Senators Chuck Schumer and Bob Casey introduced legislation last ...

Norquist: Capital Gains taxes are equivalent to the Holocaust - DAILY KOS
21 May 2012, 9:35 am
After Facebook co-founder Eduardo Saverin avoided some $67 million in taxes by renouncing his American citizenship shortly before the company made its initial public offering, Sens. Chuck Schumer (D-NY) and Bob Casey (D-PA) introduced the “Ex ...

Record number of Americans renouncing their citizenship to avoid paying taxes - Daily Mail
21 May 2012, 5:25 am
As millions of Americans are scrambling to get their tax returns postmarked by this evening, a smaller sect did something much more drastic and renounced their US citizenship. Last year alone, almost 1,800 people renounced their U.S. citizenship or handed ...

Boehner: New law to punish tax-dodgers for renouncing citizenship 'unnecessary' - Thehill.com
20 May 2012, 9:58 am
House Speaker John Boehner (R-Ohio) said Sunday supported legislation to punish individuals who renounced their citizenship in order to avoid paying U.S. taxes, but said such measures were already law. "There's already a law in the books," Boehner told ABC ...

Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship - Kansas City Star
17 May 2012, 10:40 pm
Facebook priced its stock at $38 per share Thursday, officially giving the social networking giant the largest Internet initial public offering in history and one of the biggest ever. The IPO price was at the top end of the range that the ...

Senators want to stop Facebook co-founder from dodging taxes - msnbc.com
17 May 2012, 3:16 pm
WASHINGTON - Two senators on Thursday denounced Facebook Inc. co-founder Eduardo Saverin as a tax dodger for renouncing his U.S. citizenship ahead of the company's initial public offering and introduced legislation to punish him and others who ...

Facebook founder Eduardo Saverin could be BANNED from the U.S. after renouncing citizenship to save millions in tax - Daily Mail
17 May 2012, 6:05 am
Facebook co-founder Eduardo Saverin may not be allowed to return to the United States after he renounced his citizenship to save millions in tax. The 30-year-old, who has a $3.64billion stake in the social networking site, migrated to Singapore ahead of ...

Report: Renouncing Citizenship Could Save Facebook's Saverin $67 Million - NPR News
16 May 2012, 2:20 pm
Bloomberg took out its pencil, paper and calculator and came up with this number: $67 million. That's how much the news service estimates Facebook co-founder Eduardo Saverin could save in federal income taxes after having renounced his United ...

Pop artist who created LOVE sued for renouncing artwork - Reuters
8 May 2012, 8:53 am
(Reuters) - An 83-year-old artist known for his block letter "LOVE" design that became a symbol of the anti-war movement in the 1960s is being sued by a Monaco-based art dealer for renouncing the authenticity of sculptures once valued as high as ...