Posted by
Gavin
• 05.30.12 03:05 pm
Reason’s Nick Gillespie says…
“I was on Fox News’ Red Eye with Greg Gutfeld, along with former Bush press secretary (and current The Five Host) Dana Perino, Vice mag co-founder Gavin McInnes, and regulars Bill Schulz and Andy Levy.
We lived, laffed, and loved for an hour while talking about Elizabeth Warren’s dubious claims to native American heritage, Will Smith’s walk-back on paying more in taxes, and whether Mitt Romney can beat Barack Obama by talking about non-events from like a thousand years ago.
Click above to watch or go here for more.
FROM REASON
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From my brother…
Begin forwarded message:
From: Kyle McInnes
Subject: Wish you brought this up on RedEye
Chuck Schumer’s bill is making headlines over collecting something
like $67-$100M in taxes. That’s only if Saverin decides to become a US
citizen again. The bill actually loses tax revenue because it bars him
from investing in US companies.
Nobody mentioned that since leaving for Signapore, Saverin has
invested hundreds of millions of dollars into the US tech economy. I
know guys who have raised money from Saverin and they’re worried the
bill would mean they’d even have to give the money back and possibly
close up shop (laying off at least a hundred high tech employees too).
How about the basic math of it all? This senator is talking about a
bill that would raise $100M against a national debt of $15 trillion.
That’s 6.66666667 × 10^-6 percent of national debt. It’s
mathematically insignificant.
How many other ex-pats are worth more than $2M and not paying taxes?
It’s such a drop of water in an ocean of debt and it’s pathetic that
politicians are talking about this.
It’s such a great example of the “blame the rich” mentality that
pervades the debt problem discussion.
http://www.cbsnews.com/8301-503544_162-57436316-503544/dem-senators-introduce-bill-to-punish-facebook-co-founder-eduardo-saverin/
10 mins in – the bealtes aren’t australian