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A Simple Question For Senator Schumer
As many already know, earlier today Senator Schumer announced the cleverly named Ex-PATRIOT act, which seeks nothing short of exile for anyone who effectively declines their US citizenship for tax avoidance purposes. So far so good. We have, however, one simple question. In light of recent media reports of rampant abuse of various international tax loopholes by US corporations (recall the Double Irish with a Dutch Sandwich), but much more importantly, the glaring abuse of offshore tax shelters by hedge funds - organization such as Paulson & Co., RenTec, York Capital, etc., and financial institutions, such as Lazard, Blackstone, and Credit Suisse, can Senator Schumer please rep, warrant and guarantee that none of his corporate sponsors, i.e., his Top 100 Contributors, have ever engaged in any form of explicit or implicit tax avoidance, tax offshoring, and tax shelter. To facilitate his checklisting, we have presented his top 100 contributors below. Because if he can't, one may be left with the impression that his whole anti-tax tirade and legislation is, you know, hypocritical.
Source: OpenSecrets
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Ahh.., and add to that, corporations are persons, too! Do they get counted?
The Patriot Act.....the Ex-Patriot Act. This is all a joke right?
I think Tom Waits said it best : "It's more than a bad dream, now that I'm sober"
Which part of rope/lamp post/*snap*CRACKLE*pop do the sociopath banker-politico-oligarchs do not understand?
ZH Wins! :)
Germany did the same shit to the yids.
I love it when Politicians accuse other people of playing dirty
Schumer's green with envy over of one co-founder of Facebook, nothing more. Jealous of one dirtbag who will be walking away with 10's of millions more hype-dollars by going tax free. Oh and maybe he thinks he will score a few political points in the process by playing whistle-blower.
the u.s.a has now become like divorce....."why is it so expensive to leave amerika?..cause its worth it....
A New York Senator in bed with the monied interests...who woulda thunk it
Who cares about any of it, Schumer's just pissed because Saverin didn't drop 10 Million in his super-pac before Saverin let the knob rock his crack on the way out the door.
My advice to Saverin, if you're not already in Singapore, leave immediately before they announce that leaving the country is the equivalent of extremism and detain you indefinitely.
One can afford to lose millions or billions, but if you find yourself locked up in the basement of the Lubyanka prison, then there will be no escape, just ask Khodorkovsky.
No comment needed for this cartoon graphic:
"THE MAN VS THE STATE"
http://www.enlightenedredneck.com/wp-content/uploads/2012/05/teachamanto...
If ya wanna renounce your U.S. citizenship U can also just move to San Fran or NYC.
It will take people a while to understand the true purpose of this law. The Facebook guy is just a pretext. The honorable senator from Wall Street would not do anything to inconvenience people with money.
Really, after Dorgan retired, that effectively left only republiCONS, and those r-cons posing as faux crats --- simply offshore the US Senate.
Next, offshore the corrupt US Supreme Court, and then offshore the West Wing staff.
Really unnecessary to have any future elections....
After the next civil war, there may just be a little bit of Offshore Gov't.
All rough and ready operations were offshored long ago.
All of the worst of it been cast just into domestic law, including US- citizens.
All of us being their declared enemies.
All, freaking all westerners being enemies of their states
or the proxies thereof to deflect attention.
All you stay calm....................:-)
I wish Dorgan would run for president someday.
The Patriot Act.....the Ex-Patriot Act. This is all a joke right?
I am waiting for the Anti Patriot Act, where if you want to leave and expat, dump your citizenship, you will forfeit 100% of all your personal property, and bank accounts, 401k's,entire fortunes, and then you can never come back.
Reason?, YOU made the $$$ here, so it r belong to us.
And how about an Ex-Patriot Act that exiles corporations or polticians who send jobs to overseas factories, overseas call centres and overseas battlefields?
This is almost exactly what was done to German Jews leaving Germany in the mid thirties, except only 90% of assets. Thus gold sewn in clothes, extravagant parties, etc.
Chucky will send in the drones if you try and renounce your citizenship. Hell they are already flying over US soil watch the video here http://bit.ly/Lb4ZD9
Soon we'll have Patriot Act Zero, Diet Patriot Act, Honey Mustard Patriot Act, Patriot Act With Lime, Classic Patriot Act, and Patriot Act Lite.
They already have the Pepper Spray flavor!
Does the Senator realize this is the Cuban business model? We have been telling the Cuban government what not to do for a half century, but now Schumer has come around to their way of thinking.
No, the senator only is aware of his bank accounts, here and in Switzerland.
You Americans are such gullible sheep. You already have the most draconian tax laws in the world with your global taxation even if you don't live in the country. Which, BTW, no other civilized nation does because it's tantamount to slavery. Now you are going to try to ratchet it up a notch? For the love of Lenin...you people have no idea how close you come to replicating the worst parts of the Soviet Union.
Sadly, nmany of us DO realize how bad it is, but sheep are hard to awaken without calamity.
Oh, we do have an idea and we're fighting back. You're not going to see much of it in the media, but it's on.
Schumer is an egocentric Progressive hack, the personification of all that is wrong with politics and the justification for term limits.
We already have term limits. The sheeple are too stupid to use them.
I plan on using my one term Presidential limit this year.
Socialismo o muerte ! They won!
/sarc
The Oligarchs own nothing, but control everything through corporations and legal entities. That is how they are taught in the Oligarchy's useless eater enslavement school. It's easy to target a person if that person publicly owns much, but if that same person secretly controlled hundreds of corps behind the scenes, you have no idea who to send the torch and pitchfork brigades after.
One of the keys of real change will be to get control and make truly transparent these coprate entities, the oligarchs use to enslave us.
Make a list comrade, make a difference.
"you have no idea who to send the torch and pitchfork brigades after."
Call these dogs off, forever.
I have some priced hunting dogs on hand, that would finish
any job that nature asks for
CHECKMATE.
Thanks for the impressive fund-raising list.
What a typical slimebag DemocRAT; he oozes arrogance, corruption, and deception out of every pore.
What fun would socializing the losses be if these corporations could not privatize ALL of the gains?
Um, no we aren't going to do that, because, um your stupid and I'm smart.
Do as I say, not as I do?
Or, taxes are only for the small people.
A better question for this roach:
And what would you like to drink with your final meal?
pods
I heard that Senator Schumer is a shit-encrusted cocksucking douchebag catamite. Is this true?
I have it on good authority that it is indeed true.
I do not know. Let's ask him one other simple question!
Senator Schumer, when did you stop being a shit-encrusted cocksucking douchebag catamite?
Well played. But a little better would be 'are you still a shit-encrusted, cocksucking douchebag catamite?'
"It's true. This man has no penis."
Then why is he such a dickhead?
He might be 100% penis!
Buckaroo Banzai
Well now we may as well kick off the fireworks, god knows this topic is ripe for it, with: You forgot Israel bought and paid for Jew traitor to the US, in your claim.
I think that covered it pretty good. But I'm certain people will be much more vehement in their assessments than I was.
You mean he's dating Barney Fwank? But he couldn't be critical of hippos then could he?
and obviously...
HOW DARE YOU INSULT *shit-encrusted cocksucking douchebag catamites everywhere* by comparing them to Sh**mer?
Comrade Schumer likes to whine.
Wow, that fuckstick gets alot of money. I wonder if he is paid for the blowjobs he gives or is that comped?
These corporations haven't renounced their citizenship because they aren't taxable people. Wait. Oops.
Fuck Schumer with Al D'Amato's dick.
I thought D'Amato's dick was dead?
The Big Ching-aso
And?
Well, you being a consumate master-baiting dickhead why don't you fill-in the rest of it?
Perhaps it is the artist in me, but I'd tattoo "Red Sox" on Barney Frank's schlong and "Yankees" across Schumer's butt and drop the two on a deserted island somewhere far from civilization and polite society. Kind of Christo-like. Yea, we could call Schumer The Mount of Barney Christo.
Great article, Schumer is just another rhino that needs to be voted out.
rhino? Huh?
Do you mean RINO, as in Republican In Name Only? Because chuckie is a demoncrat, to the extent those labels still mean anything.
Rot in hell, Schumer.
And didn't Halliburton move to Dubai in 2007?
Zero tax and no extradition...pretty slick huh?
No double standard here. Move along.
He is a jew!
and is a citizen of Israel.......hang this Treasonist scumbag
Illuminati Muppet actually.
One thing I've often wondered about but never bothered to dig into-
If Corporations are People (as determined by the courts) wouldn't personal tax law apply to them as well?
You're a prime candidate for Room 101.
Apparently WE are already there......
Oh Yah and that is why they create another "people" abroad with a different nationality so that it can be taxed at the abroad rate. And wnile the income is kept abroad nobady can say anything about it. Since it is theoretically owned by the foreign "people" company.
The fact that the abroad people/company is controlled/owned by the USA company only complicates things and feeds lots of lawyers and accountants, chief among them, world tax efvasion experts Ernst and Yong.
A common practice is to license a major patent to an abroad "people", then pay tons of royalties to that abroad "people" and reduce your USA earnings to whatever level is convenient for you for tax minimization strategies. And this is only the tip of the iceberg...
Until next time,
Engineer
So, when a citizen and human being is a control person of a foreign corporate entity, they look through to the underlying foreign assets ... why is it different when the control person is a US Corporation?
Either take the sauce off the goose (the individual US citizen) or put some on the gander.
If corporations are people, then if they comit an illegal act that leads to the death of a SINGLE person they are charged with murder. If found guilty 'POOF' corporate charter is gone - the company ceases to exist.
Could get rid of a lot of large corporations with that idea!
2¢
Corporations are people just like everyone else, except better.
And Big Corporations are better than small corporations.
It is a well known fact that Schumer licks Blankfein's Balls at least once a week.
Even a blind senator finds a fein nut once in a while.
Ah so that's why he's got that huge smile on. (blankfein)
I bet that makes his putter stand on end.
Banzai, the way I heard it, Blankfein prefers a nice tossed salad, followed by a rusty trombone. And that Schumer never fails to deliver.
Chuck The Fuck Schumer should be exiled.
This POS hair plugged, douche bird glasses wearing grandstanding fucktard asshat has overstayed his Senate seat by......well, every single day he's sat his wrinkly, old bony ass in it!
Ex-Patriot Act.....what a fucking asshole.
I'm hearing the crickets from Schumer's office.
But hey, like all our politicians. The rules for for "everyone else". Not them.
Is Mit R. fund part of this?
They all engage in international tactics and strategies for "tax minimization". It is the law of the land.
The key question is why does the US tax worldwide income when no other Country does when its citizens reside abroad.
Until next time,
Engineer
Note: Remeber, I think that the system of the world is broken at a high level, this are just examples of incoherence, they are many, many more and a LOT bigger that go unnoticed. And many more that will develop as this system crashes and is revamped by other that comes from the ashes this one will leave. Hopefully, not radioactive ashes as in Japan right now....
So is this like a free one-way trip overseas with free citizenship? SIGN ME UP!
Which is it? Is paying tax "patriotic" or not?
Sounds like this writer thinks little people are being taxed to death but paying tax is a "patriotic" duty if you're wealthy, a hedge fund or a corporation...?
The whole concept of "tax" - for ANYONE! - is evil.
It's the hypocrisy if you haven't figured it out yet.
I am still waiting for his press conference on gas prices like he did before?
Attention All Future Tech Giants:
The United States Of America would like to make it clear that we do not want you to start companies in the US.
Please do your startup work in Singapore and farm out the work via the Internet.
Once you have achieved success, preferably on a foreign exchange, you may then travel freely, without tax consequences, in the United States.
Our arms will be open wide.
Sincerely,
Senator Chuck Schumer
He just does what the Israelies tell him to do.
Zero Hedge .....100+ ......Schumer 0
Good job... ZH.
Go see Senator John Kerry and his yacht, purchased in New Zealand, and anchored in RI to avoid paying taxes even though it is actually used at his house in Nantucket, MA which avoided all of the MA taxes that the Dem keep jacking up.
US politicians are as corrupt as they come.
More proof we have a Kenyan for a president:
http://tinyurl.com/897mzqs
I always wonder , if corporations are people then why don't they have to pay atleast the AMT ?
That could interfere with campaign finance.
exactly where I was going with my post above....
He's a fuck-head.
TYLER you've gone to far, Don't fuck with Chuck!
What if you just change your name overseas and don't make a big noise about it?
'I'd like to plead the Fifth'
- Senator Charles E. Schumer
Watching that fancy ape try to explain himself today, wow, it looked like he had a gun to his back, or a frayed rope with a safe above his head. My dead grandma would convince me better than that eunuch. Doesn't congress owe billions and all the functionaries too? Hmmmm
[Geary is demanding a large bribe for a gaming license]
Senator Pat Geary: I want your answer and the money by noon tomorrow. And one more thing. Don't you contact me again, ever. From now on, you deal with Turnbull.
Michael Corleone: Senator? You can have my answer now, if you like. My final offer is this: nothing. Not even the fee for the gaming license, which I would appreciate if you would put up personally.
Schumer estimated the bill would apply to about 3,000 people.
"This is a small, narrow group," he said. "And they deserve to get the treatment we're giving them.
...........deserve......to get the TREATMENT....we're giving them". Un-believable.
..gonna be a hell of a lot more than those 3,000 - Chuck...you warm sac of giggling vomit.
1). It has to pass both houses of Congress. Should be easy to sell this to the sheeple - yes?
2) Obama will sign it (another lay up for the POS-POTUS).
3) it'll be deemed "Patriotic" by the liberal/proggy leftist douchebags (already seeing comments to that end by non other than the same looney leftist, statist utopia douchebag shitsuckers).
I have no close family here. Once I leave, why the FUCK COME BACK.....to this nonsense?
Just for the hell of it, call his office and ask what the difference is between a campaign contribution and a bribe. I've done it and it's hilarious.
Be assured, if Schmuckie Schumer has proposed it, the legislation will by hypocritical.
Ya know, for years Upchuck Schumer has been the perfect example of this predicament: Where the hell is fast acting cancer when you need it?
But here you assume Schumer and his fellow travelers think we're all equal in the eyes of God and the Law. Wrong! They do not. And they do not suffer prosecutions.
Like from '08/'09, right up until today. Madoff you say? He doesn't count: of course he'd STILL be at it if he hadn't ripped off the wrong people. I mean how BIG an asshole does a Jewish Mafia kingpin have to be to get prosecuted in THIS Just Us Dept. environment? I mean, Wow!
Well apparently, Bernie was that size A-hole.
con man / con artist, there is a distinction
i would like to elucidate. .. see above
a con man is a lobbyist, a con artist is a politician,
with few exceptions. those exceptions are what gives
cover and credibility to the show, the shit show. imo
This is an easy one.
Corporations = do whatever they want with their team of accountants and lawyers as long as the cash donation gravy train keeps chugging. Most laws do not apply here and are rarely enforced - hence the "do not admit or deny wrongdoing" and pay a fine game whenever caught.
People = pond scum to be abused by the govt to make an example of them. All laws apply here and are strictly enforced. If there is no law that applies to your situation, one will be created in your honor.
I've been saying it for a decade or more now...when it comes time to put up a fence on the border, it will be to keep Americans in.
That time's-a-comin'
Time to consider that 2nd passport - hell, it may be too late.
Time to sneak off to Cuba on a raft
This is just Congressional overreach.
We know the CIA can declare anyone a terrorist, perform extraordinary renditions no matter where you are on the globe and lock you away so you never get to see or spend a dime of your money.
But Mitty Romney said that Corporations Are People... time to ex-patriate their asses.
http://www.youtube.com/watch?v=E2h8ujX6T0A
God! What a bunch of shitbags we have running our country.
sigh......
The upside? More and more good people see the shitbags and their helpers for exactly who and what they are.
We see lots of that here lately: old lies crafted to protect the Victimizers from view and criticism not only don't cut it anymore, they make the lie tellers look like agenda-bound fools defending global evil and the scumbags responsible for most of it. Traitors to America and Americans, trying to keep us in a mental prison via tired old bullshit. It's too late for that now. That's why the same shitbags are racing to lock us down before we finish waking up and knock them the f*ck out.
It's like half the people in America are brain-dead zombies, and the other half are wearing THEY LIVE glasses.
Good times!
Can't Senators be voted out of office?
In theory yes, buy its never been done, recall of a Senator is not Constitutionally precluded which in theory means its possible.
http://www.law.cornell.edu/constitution/amendmentxvii
Your state must have or pass a recall law, and you'd need a "friendly state" to allow such an action because a Senator would most certainly contest it.
Most state "gate keepers" wouldn't allow a Senator recall as many are appointed or endorsed by Senators themselves.
Facebook could in theory could organize such an operation.
In CA you have to circulate a proposed initiative, get a small number of signers (like 65), send the petition to the State AG, get the recall approved and you get 180 days to collect 550K voter signatures or so to get the recall on the ballot, then you need 51% of the voters for a recall.
If the state "likes" petition they put it on the ballot, if the state doesn't like your petition they look for excuses.
Now Senators and other elected federal officials would say "we're not subject to recall because of the 17th amendment", but they're mistaken.
The 17th amendment only grants elections of Senators via popular vote, it doesn't preclude the popular vote from removal, prior to the 17th amendment Senators were appointed and subject to removal, since the 17th was passed they think they're "UNREMOVABLE" and UNTOUCHABLE, they're not.
"You can check out anytime you like, but you can never leave"
I guess we're all "officially" property of the USSA now?
Eagles - Hotel California
http://www.youtube.com/watch?v=kYf4kqnAWos
Game, set, match.
What a grandstander this fucktard Schumer is (he also wants to shut down bitcoins).
Schumer --- #1 DemoRAT Zionist Lap Dog - (Dimon to Schumer, get these goyam off my ass Chuckie Baby, lick lick lick, lick....
Calling anyone fleeing the USA a non-patriot is like berating the 1st guy off the Titanic.
How dare U flee this rotting, stinking, bankrupt country? How dare U still have self-preservation instincts not deadened by government schooling! Patriots go down with the ship!
There should be a CURRENT-Patriot Act for all the people who are citizens of Israel yet in Congress.
Fuckin' Yankee Judea, man. This legislation is clownshoes with Stars of David on 'em.
Recently, a close friend of mine died. He was the head of a charity and they, erroneously, gave money to a political campaign. The New York Times wrote an article about it that started like this: By DANNY HAKIM and JEREMY W. PETERS - Published: March 16, 2009 - ALBANY — For more than half a century, charities have been barred by federal law from making contributions to political campaigns. The campaign of Senator John J. Flanagan, another Long Island Republican, received $500 in April 2007. Well, the money was returned, the CEO, being a man of the highest integrity, responded “All I can say is, ‘Mea culpa, mea culpa, mea culpa,’ “ He immediately resigned and died a few months later, pretty much broken hearted as he had given decades of his life to the charity. Later he was quoted as saying, :“We goofed.” -representatives of his group bought tickets to a campaign fund-raiser but “never thought of it as a political contribution.”
It's funny, this guy lost an awful lot over $500 given to a state senator. How is taking money from NYU Langone Medical Center (one of Schumer's top 50 donors) not accepting money from a charity? Schumer should take a walk. The cover of their web page has 'how to donate' - they mean to their work, not Chuckies. He's as slick as Weiner, he just hasn't been caught with his out ...yet. How about the 1/2 dozen asbestos law firms and all the finance companies. Scum is Scum - or it wouldn't be a US Senator. What about Montefiore? Why all law firms, fiance and life insurance companies, etc.
They are all such fuckers. Self rigthoeus cocks.
What about people that ditch US citizenship for tree tuition & scholarships?
Why not include them too?
except it's illegal to think otherwise, does the truth fear investigation?
Ernst Gauss (ed.): Dissecting the Holocaust
Eisenhower's Holocaust - His Slaughter Of 1.7 Million Germansno mention of the hollowhoax in 6000 pages of churchill's memoirs either. curious eh?
Few still believe that six million nonsense. However, we have to say we believe it in order to remain out of jail and keep our jobs.
What if the Facebook guy was Israeli and renounced his citizeship to obtain Israeli Citizenship and gave $5K to Schumer's campaign? Then he'd be a ''Great friend of America, a place he had the right leve at any time, but instead, he chose to moveo to Israel," EVERYBODY NOW "Our only true ally in the Middle East and the Only True Democracy in the Middle East."
Schumer sucks donkey dick.
What if the Facebook guy was Israeli and renounced his citizeship to obtain Israeli Citizenship and gave $5K to Schumer's campaign? Then he'd be a ''Great friend of America, a place he had the right leve at any time, but instead, he chose to moveo to Israel," EVERYBODY NOW "Our only true ally in the Middle East and the Only True Democracy in the Middle East."
Schumer sucks donkey dick.
https://www.facebook.com/photo.php?fbid=330452163689936&set=a.3281804472...
ok. We see who owns Schumer - interesting list, but not surprising.
Question - Why do voters in New York keep electing this guy? Why? I really don't get it.
Because he is a Democrat and on our ballot every 6 years or so (see "Clinton, Hillary")
NY has voted for Dems with exception of the Whiny Wop (Seneta Al)for a while because the 10 million in NYC are a mix of limo-libs or gov't check cashers in low-income housing.
Those who one apartment buildings, or might need construction work done for anywhere within 500% of cost get screwed because they're the actual 1%. The ones who work every day to make a living, and make a good living. They didn't do it designing a black box and they didn't do it by scamming a life on the government's tit.
1% in NY doesn't get us a Republican Senator or Republican vote for the pres. The only benefit is that we don't have to listen to campaign ads 24/7. The Chosen Ones (Obamas and Schumers) have already won NY. If not, they're losing everywhere,
fuck chuck scarborough
Fragomen was handling my Green Card process... DOH!