ABC News:

Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founder Eduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again.

In September 2011, Saverin relinquished his U.S. citizenship before the company announced its planned initial public offering of stock, which will debut this week. The move was likely a financial one, as he owns an estimated 4 percent of Facebook and stands to make $4 billion when the company goes public. Saverin would reap the benefit of tax savings by becoming a permanent resident of Singapore, which levies no capital gains taxes.

At a news conference this morning, Sens. Schumer and Bob Casey, D-Pa., will unveil the “Ex-PATRIOT” – “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy” – Act to respond directly to Saverin’s move, which they dub a “scheme” that would “help him duck up to $67 million in taxes.”

The senators will call Saverin’s move an “outrage” and will outline their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.

The plan would bar individuals like Saverin from ever reentering the United States again.

Schumer wants to impose the old USSR rule of restricting moves outside the country unless it benefits the central government. As usual, liberals have their eye on the wrong target.

The real concern is why the U.S. penalizes entrepreneurship by imposing a 15% capital gains tax rate when other countries have a zero tax bite.

What’s just as bad, though, is not that Saverin renounced his U.S. citizenship to avoid $67 million in taxes. The question should be, how did a 15% capital gains tax rate, which should produce a $600 million bill, come out to $67,000,000, a 1.675% rate?

Well, actually, I don’t think the best CPA in the US of A could be creative enough to make $600,000,000 compute as $67,000,000. I think what really happened is that the chronic liar from NY simply slid a decimal so his news conference would have some oomph.

Fox News:

Republicans on Capitol Hill are furious over the Obama administration’s handling of a purported Hezbollah commander, who was connected to the killing of five U.S. soldiers in 2007 and now is set for release by an Iraqi court.

The most recent GOP lawmaker to express frustration and to demand answers from the administration is Florida Rep. Allen West, who on Wednesday sent a letter to President Obama questioning why Ali Musa Daqduq was turned over to Iraq in December 2011.

West dismissed the argument by Obama officials that they were forced under a Bush administration agreement to release Iraqi citizens upon exiting in December 2011, saying Daqduq was in fact a Lebanon citizen.

Read more….

Might work. “Two grants totaling nearly $1.5 million were distributed to the University of California San Francisco, NBCBayArea.com has discovered. The money was part of the federal stimulus program and went to studies into the erectile dysfunction of overweight middle aged men and the accurate reporting of someone’s sexual history.”

Zimmerman had cuts, black eyes after shooting- Autopsy reportedly shows Trayvon Martin suffered knuckle injuries

No kidding. Anthony has a photo!

FTC: Skechers deceived consumers with shoe ads

Tom Bonnette at The Hayride has an excellent post on what Dems are doing to exacerbate the problem today.

Message from Romney to Obama:

More at The Rio Norte Line

Published on May 15, 2012 by veritasvisuals:

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In North Carolina we find people who are listed as non-citizens according to Jury refusal forms and who are also registered to vote. We get their comment and are offered their ballots. We are offered a ballot in the name of a dead man, and interview an election Judge who says he only wants to uphold parts of the state constitution. We also interview the following officials at UNC who seemingly embrace voter fraud:

• Terri Phoenix — Director – UNC LGBTQ Center
• Dean Blackburn UNC Assistant Dean of Students
• Adam Limehouse – Director for the Coalition to Protect All NC Families.

H/T: Michelle Malkin

A longtime New Jersey airport security supervisor — arrested on a charge of impersonating someone else to hide his illegal immigrant status — was carrying the identity of a victim in an unsolved murder case, authorities said.

Nigerian Bimbo Olumuyiwa Oyewole was known by his co-workers as Jerry Thomas. He was arrested Monday at his home in Elizabeth.

The Port Authority of New York and New Jersey says he had worked at Newark’s Liberty International Airport for about 20 years and had passed background checks. It says he used the name Jerry Thomas since 1992, the year Thomas was killed in New York City.

Just received the following message from Wis. Gov. Scott Walker’s recall election campaign and he needs all the help we can muster to stop state, county and city worker unions from taking complete control of Wisconsin administration and pension policy, ala, California, NY, etc.

Gov. Scott Walker:

Patriot,

This is it. The Wisconsin Recall election is less than four weeks away.

The liberal special interests and Washington insiders have sworn to spend tens of millions of dollars to defeat me. I need your help right now to beat back this senseless Recall. Will you stand with me today?

For more than a generation in Wisconsin, the power of special interests and the liberal elite have gone largely unchecked. My Administration finally stood up to them, and we changed the way we do things in government in Wisconsin.

That’s why my opponents are so desperate to defeat me in this Recall. They want to roll back the clock and take us back to the days of skyrocketing taxes, bloated budgets, and unchecked and unaccountable spending. We cannot let that happen.

The moment I became Governor, I set about the work that the people of Wisconsin sent me to do. We eliminated the deficit left by my Democrat predecessor. We gave the freedom of choice to public employees. Our reforms have allowed public employees to decide if they would like to spend (in some cases more than a thousand dollars a year in dues) or keep their hard earned money. We finally put the control of state government back where it belongs, in the hands of the people.

I kept my promises to the voters here in Wisconsin. I didn’t raise taxes. We have not had massive lay offs of state workers. Our reforms have balanced the budget and lowered the unemployment rate to a level unseen since 2008.

Now I need you to help me tell the out-of-state special interests that we do not want another tax-and-spend liberal in charge here in Wisconsin.

This Recall is not just about Wisconsin, it is about the cause of reform across this country. It is about deciding what kind of country we are going to be for generations to come. We must send a message that we can and will live within our means. We must not hand power back to a small group of special interests and let them run state governments into the ground across this great nation.

When we defeat this baseless Recall, it will send a powerful statement across our country about the kind of government we want to have and the bold reforms that will get us there.

We have less than a month to go. I need your help – not tomorrow, not next week, but right now.

Today, I ask you to stand with me so I can continue to stand up for hard working taxpayers. Together, we can defeat this Recall and make history – in Wisconsin and across the country.

Sincerely,

Scott Walker
Governor

Donate today….