Hatch: Blame Tax Code for Saverin's Decision to Renounce Citizenship
05/17/2012 | 821 views | 0 0 comments | 5 5 recommendations | email to a friend | print
Democrats want to punish Eduardo Saverin for tax-dodging, but Sen. Orrin Hatch says the Facebook co-founder's decision to give up his U.S. passport ahead of the Facebook IPO suggests the tax code needs to be fixed.

Reports The Hill:

Hatch's spokeswoman, Antonia Ferrier, chastened Democratic Sens. Charles Schumer (N.Y.) and Bob Casey Jr. (Pa.) for seeking to punish the wealthy co-founder of Facebook for renounced his U.S. citizenship just a few months before he stood to gain millions in the social networking site's initial public offering.

“You’d be hard pressed to find anyone applauding someone renouncing of his American citizenship to avoid his tax bill," Ferrier said in a statement. "But as usual, the response from the other side of the aisle is a talking point rather than a real solution."

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
today's headlines
Local Headlines
May 17, 2013 | 23309 views | 0 0 comments | 1 1 recommendations | email to a friend | print

Salt Lake Tribune

Op-ed: Swallow and the Legislature

Editorial: The right decision: Herbert should stick to his guns

Suit: Make EPA force Utah to cut winter pollution

Hatch wants IRS probe to expand, include Freedom Path

Green activists, neighbors blast new West Davis freeway plan

Hatch calls for investigation of Obamacare funding

Thousands of Utahns face Defense Department furloughs

Utah charter schools under new performance scrutiny

Midvale's streetlight project stalls over flawed bid process

Deseret News

Matthew Sanders: Imploding trust in America's institutions

Editorial: Habits die hard

Utah lawmakers look to regulate child access to e-cigarettes

Oil, gas wells to move closer to Duchesne County homes

Health care reform about to 'get real' for Utahns

New poll shows GOP caucus attendees support changes to nomination system

2 county attorneys investigating Swallow, Utah Attorney General's office

West Davis Corridor project unveiled amid criticism

Elder Oaks promotes strengthening the free exercise of religion

Other

Heidi Toth: Squandering the public trust (Daily Herald)

RedBlue: Can Barack Obama survive scandals? (Daily Herald)

Op-ed: The gigabit community (Standard-Examiner)

Editorial: Don't make AG an appointment (Standard-Examiner)

UDOT releases DEIS, recommendation for Legacy extension (Standard-Examiner)

Ogden School Board faces anger over cutbacks (Standard-Examiner)

Will Swallow make appearance at the state GOP convention? (Standard-Examiner)

Hatch pushes for expanded probe into IRS actions (Standard-Examiner)

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
Comments
(0)
Comments-icon Post a Comment
No Comments Yet
Comments
(0)
Comments-icon Post a Comment
No Comments Yet
utah tweets
RSS Feeds
Utah policy stories feed
Policy buzz feed
Daily news highlights feed
Washington watch feed

With support from PinPointInternetMarketing.com