Skip to comments.Boehner backs 'Eduardo Saverin Tax'
Posted on 05/20/2012 5:48:27 PM PDT by MinorityRepublican
House Speaker John Boehner has become the latest politician to attack Facebook billionaire Eduardo Saverin for ditching his U.S. citizenship to avoid paying tax.
Speaking on ABC's This Week, Mr Boehner labelled the move 'absolutely outrageous' and said he would support legislation to stop wealthy expats relocating to dodge tax.
Mr Saverin, who pocketed more than $2billion when the social-networking site listed on the stock exchange on Friday, could avoid paying hundreds of millions of dollars in U.S. taxes after he relocated to Singapore.
(Excerpt) Read more at dailymail.co.uk ...
Boner is a prick
Boner is retarded and needs to spend more time with his family.
They are all envious bastards. They all need to go.
Did he cry when he talked about this?
Gaahhh.....Boehner is an idiot. A pink-tie Republican idiot.
Maybe so, but the liberal Facebook scum who support high tax/high spend policies then dodge out when it comes time to pay are the real issue here.
If I had the money, and I certainly don’t, I’d be the first to give the finger to the cry baby on the way out.
No, the real issue is that the US has the highest corporate tax in the world.
If republicans had a spine they would use this as a turning point where they search for a new Speaker.
The Blubberer sounds like an Ayn Rand character - and not the good kind.
God Bless Eduardo.
The freeloaders now infesting America have decided that they want Socialism. Unfortunately, Eduardo is one of the guys they have chosen to pay for it.
So both parties are made up of proponents of confiscatory taxes and the spread-the-wealth doctrine, just in different ways?
Can we get a new speaker already? You know, one in line with the Republican principle that tax avoidance, as long as it’s legal, is patriotic?
Boner must go.
The GOP-e have a “spine”? I’m surprised the party hasn’t yet collapsed due to having alienated the conservatives once and for all.
I would happily renounce my citizenship to avoid the current war on wealth and the productive class. Boehner proves he’s no better than the socialists.
Who is John Galt?
Bad policy! The GOP should never endorse 1. penalizing tax havens (e.g. Carribean Islands), 2. taxing people for renouncing citizenship. It is places like the Carribean that helps to keep the US from increases taxes even further. Similarly, it is the ability to renounce citizenship to save on taxes that helps keep taxes low in the US. The GOP is moving us toward a North Korean mindset whenever it favors these types of penalties on tax havens.
The GOP is as much the problem as the Democrats.
WTF are Kommies?
Boehner, you are an insufferable prick.
Why not call it after the great American Sir John Templeton who had started the trend?
Well, if it weren’t for rich liberals having an epiphany when their policies come back to haunt them, there would be fewer rich conservatives out there.
How does he intend to stop people from leaving the country? Besides the guy already doesn’t live here.
We’re becoming more like the former Soviet Union with each passing day.
if you renounce your citizenship which he did last september, and are worth $2 million or more, your total assets are treated as if sold the day before expatriation, and tax is due on the assessed market value
that would include his Facebook shares
is he also in favor of making sure we get the taxes from the $21 BILLION shipped annually to mexico without being taxed?
will he also be in favor of banning those people from entering the country?
didn’t think so.
Chuck you Schumer wants to make it retroactive to 10 years ago.
Of course. The solution to driving taxpayers away with confiscatory tax rates is to kill them.
Nothing conservative about the Boner is there?
Speaker Boehner is on the wrong side of this issue. There is no benefit that the United States government provides to Eduardo Saverin that can justify its siezure of tens of millions of dollars from him. Saverin is just the first of many Atlases who will shrug off such a ridiculous burden - and the only answer that Neo-Bolsheviks like Chuck Schumer, Bob Casey and John Boehner have is to erect a new Iron Curtain to imprison successful Americans and impound their wealth. All they are proving is that Saverin is right.
” So both parties are made up of proponents of confiscatory taxes and the spread-the-wealth doctrine, just in different ways? “
The light dawneth... ;)
I will not be surprised in the not-so-distant future when the Feds deny wealthy people the right to leave the country and renounce their citizenship.
You belong us !!
What the feds send troops to grab you in Rome (or where ever) and drag you back to the US and force you to live here? How just does that work?
Sounds like a Bill of Attainder. They seem to be targeting it at one individual. I thought the Constitution prohibited bills of attainder.
“Boner is retarded and needs to spend more time with his family.”
Anywhere but D.C.
He sure knows which battles to pick ...N O T
Sorry, Crybaby Boner.....it’s called “his right”. There’s spit you can do about it, and frankly, I don’t blame the kid one bit.
He earned the money; you didn’t. Deal with it. Guess you’ll just have to continue pissing away other peoples’ money, instead.
I guess that is ok with the 47 percent of Americans that pay no taxes.
Those that pay taxes should be able to say goodbye when the taxes become too much.
Didn’t you get the memo? The Constitution is irrelevant.
I guess they need it in order to facilitate the continued "SPENDING."
The tax and spend prick needs to end up in a condom.
Saverin shrugged . . . and the reigning Puh Pahs of both parties don’t like it.
Bonehead is keeping in character, he should be sent home permanently.
I’m not a Boehner hater, but this one pisses me off. Smacks of building a Berlin wall. You make it so people can’t get out, no one will want to get in. Lower the damn tax rates if you want people to come here and stay here.
You mean Boehner actually believes the guy has no right to change his citizenship?
The most fundamental freedom in a free republic, is the freedom to leave.
Wrong. Not even close, unless you want to be like the scum-sucking libs in Congress and the media.
It's his RIGHT to be a jerk. It's his RIGHT to be a hypocrite. Neither are against the law. It's also his right to be an idiot, if in fact he supported "high tax/spend policies".
It's also his money, not the Fed's. It's also his citizenship status, not yours, not Congress'. Leave him be.
P.S. Please don't take this as a personal attack; it isn't. It's just a touchy subject with me. The media and Congress are sticking their long noses WAY too much into individuals' business, I don't care how much they're worth or how liberal they are.
According to our overlords in Washington DC, they just let us keep “their” money.
Would the Constitution be against a bill that say anyone with $40 billion or above have 90% tax on their wealth. Which only includes the two biggest Liberals, Bill Gates and Warren Bufffet. Just curious
Let the fellow spend some up close and personal time with the TSA..... good riddance...
” You mean Boehner actually believes the guy has no right to change his citizenship? “
Not quite - Boehner (and Gummint types in general) don’t give a rat’s patoot about his citizenship — they’re just exercised that he’s taking “their” money away from them....
How else? . . . With the barrel of a gun.