Mitt Romney is out with his first campaign ad of the general election, a spot detailing what "day one" of his potential presidency would look like. Romney told reporters Thursday his first ad would be "positive," but the 30-second spot takes plenty of digs at President Barack Obama. Among other things, Romney vows to "immediately […]
Senate Democrats on Thursday unveiled the Ex-Patriot Act (Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy,) a bill to punish Americans who renounce their citizenship for tax purposes. The move was a reaction specifically to Facebook co-founder Eduardo Saverin, who last fall withdrew his citizenship in advance of the company […]
Yesterday, it was reported that Facebook co-founder Eduardo Saverin renounced his U.S. citizenship in order to avoid being hit with large tax bill when the company goes public. Today, U.S. Sen. Chuck Schumer announced new legislation that would prevent such schemes. “Mr. Saverin has decided to ‘defriend’ the United States of America just to avoid paying his […]
Associated Students Legislative Council held their final full-session meeting of the year last night, focusing on last-minute bills and discussing the association’s stance on the recent UC Office of the President tax. […]
Parking spaces at the West Hollywood DMV that were designated "hybrid only" could help qualify the building for "green" tax breaks but were not enforced. […]
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