October 23, 2018

Eduardo Saverin

Oddly, Chuck Schumer Didn’t Appreciate the Nazi Comparison

Last week, tax slayer Grover Norquist chimed in on the Ex-PATRIOT Act, legislation that was introduced by Senators Chuck Schumer (D-NY) and Bob Casey (D-PA). The Senators were concerned that ultra-rich dudes who no longer fancy American citizenship – namely Facebook co-founder Eduardo Saverin – were turning their backs on the USofA to avoid taxes. This […]

Casey Poking Boehner to Like the Ex-PATRIOT Act

After the world discovered that Facebook co-founder Eduardo Saverin had high-tailed it for Singapore and wasn't interested in being a citizen of the USA, Senators Chuck Schumer (D-NY) and Bob Casey (D-PA) introduced the Ex-PATRIOT act. They did so in order to teach Eddie and other rich, tax-dodging Benedict Arnolds what happens when you bolt […]

Eduardo Saverin’s Spokesman: Don’t Go Believing That My Client Would Leave the U.S. Just to Save $67 Million in Taxes

As was noted last week, Facebook co-founder Eduardo Saverin renounced his U.S. citizenship, according to an IRS report. Some people speculated that the cause for this GTFOOTUSA was the savings in federal income tax because, as you may have heard, the Facebook is going public and ES is probably going to do okay when this thing […]

IRS: Facebook Co-founder Is Gonna Take Off Now

So to speak. Bloomberg reports that Eduardo Saverin has renounced his U.S. citizenship ahead of Facebook's IPO. This has a number of obvious advantages – the lack of Kardashians, Nickelback, and NBA playoffs to name a few. But also, there are the tax advantages to consider, which it appears Saverin may have done: Facebook plans to […]