Wednesday, April 7, 2010 as of 11:14 AM ET
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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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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FNC’s Juan Williams on possibility of a mystery candidate running for the Republican nomination.
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