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Wednesday, April 7, 2010 as of 11:14 AM ET

John Kerry

John Forbes Kerry (born December 11, 1943) is the senior United States Senator from Massachusetts, the 10th most senior United States Senator and chairman of the Senate Foreign Relations Committee.

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Is Facebook's Saverin Dodging Taxes?

FOX Business's Peter Barnes is reporting that Democrats want to introduce legislation to "reimpose" taxes on people who renounce US citizenship and bar their reentry to the U.

S.This D.C. harrumphing is over the decision by Eduardo Saverin, a Facebook co-founder, to give up his U.S. citizenship last September to become a citizen of Singapore in advance of  Facebook's lucrative initial public offering (Saverin was born and raised in Brazil, and moved to the U.S. in 1992).Take note that plenty of our elected officials have gamed the tax system to lower their bills, or defrauded the Treasury Department (see below) when taxes rise.Take note too that Saverin probably paid more than his "fair" share of taxes, because when you renounce your American citizenship, you have to fork over loads in taxes on all that you own, and then you get to move. Saverin has also created plenty of wealth, jobs and federal, state and local taxes by co-founding Facebook.Saverin's spokesman said, "Eduardo's decisio...

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  1. Are Americans Being Punished For Their Wealth?

    Forbes Media Chairman Steve Forbes Chief discusses class warfare and how it’s playing into presidential politics

  2. Rocky Road to the White House

    Former Clinton Advisor Dick Morris questions whether the long primary season will hurt Republicans.

  3. Don’t Bank on Oil, Unemployment Sinking Obama's Reelection

    Conventional wisdom holds that two economic metrics should be setting off alarm bells in the halls of the West Wing: 8% unemployment and $3.75 a gallon gasoline. Tho...

  4. Obama in Tune With the American Public

    FBN’s Neil Cavuto on Obama’s personal traits such as his wit that helps him connect with the media and voters.

  5. EPA Greenhouse Gas Rules Challenged in Court

    Sen. James Inhofe, (R-Okla.), on suit against the EPA and Energy Secretary Steven Chu telling Congress that lowering gas prices is not a concern.

  6. Williams: Obama Gets Poor Marks on Economy

    Juan Williams, FOX News political analyst, on why President Obama hasn't been able to run away in the election polls.

  7. As D.C. Dithers, Childhood Poverty Soars

    To paraphrase John F. Kennedy, the best welfare program is a job.That truth becomes more urgent due to this stunning new finding: nearly eight million of    America’...

  8. Obama 'Hopeful' on payroll tax cut extension

    Rob Shapiro on who benefits most from an extension?

  9. Sen. Burr on Voting Against the Stock Act

    Sen. Richard Burr, (R-N.C.), on why he voted against the lawmaker insider-trading ban.

  10. Michael Graham Backs the Pats in Super Bowl XLVI

    Radio host Michael Graham discusses why he is picking his home-town Patriots in Sunday’s game.

  11. Greenfield: Republicans Have Blasted the Party

    Author Jeff Greenfield discusses the fight for the 2012 Republican nomination for President.

  12. Is GOP Fed Up With Candidates?

    FNC’s Juan Williams on possibility of a mystery candidate running for the Republican nomination.

  1. Buffett: There Are Regulations That Don’t Make Any Sense

    Weekend With Warren: Berkshire Hathaway’s Warren Buffett and Charlie Munger and former Microsoft CEO Bill Gates on the impact of government regulation on investing.

  2. Edwards Trial Showcases Dirty Side of Campaign Spending

    ABC News’ Bob Woodruff on the latest details surrounding John Edwards and whether he misspent campaign funds.

  3. Investigators Hit Another Wall in Patz Investigation

    Author Linda Fairstein discusses the continued investigation into the missing child.

  4. Feeding Tube Diet New Fad for Brides

    FOX News legal analyst Lis Wiehl and Deirdre Imus on the new restrictive diet for brides-to-be.

  5. New Business Creation Key to Job Growth?

    Former Kauffman Foundation President Carl Schramm on why boosting entrepreneurship will help boost job creation.

  6. Who Does Obama Want to Run Against in 2012?

    Politico.com’s Mike Allen on Mitt Romney’s continued push for the GOP nomination.

  7. Obama's Push On Trade With Russia Raises Senate Concerns

    Senators from both parties raised concerns Thursday about Moscow's record on human rights and foreign policy, highlighting the difficult task facing the Obama admini...

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