Sen. Bob Casey Compared to Nazis for Facebook Bill
Conservatives got all riled up years ago when then-Sen. Joe Biden said paying taxes is “patriotic.” Because it’s really not! Or something. So we can only imagine their heads are exploding a la Scanners in the face of the latest piece of legislation put out by Sens. Chuck Schumer (D-NY) and your very own Bob Casey.
Their bill, titled the “Ex-Patriot” act, would tax those who renounce their American citizenship in order to avoid taxes. It was prompted by Facebook co-founder Eduardo Saverin, who avoided about $67 million by renouncing his American citizenship as Facebook went public.
Casey and Schumer’s bill also says once you renounce, you can’t come back. And then in parentheses, it says: “bitches.” (At least it should.)
President of Americans for Tax Reform/Master of the Metaphor Grover Norquist is not happy about this. So much so, he’s brought out the Hitler comparisons, because any time someone does that, it makes sense.
“I think Schumer can probably find the legislation to do this. It existed in Germany in the 1930s and Rhodesia in the ’70s and in South Africa as well,” he said. “He probably just plagiarized it and translated it from the original German.”
Norquist is talking, mostly, about the Reichsflusteur, or “Reich flight tax,” which Nazis imposed on Jews in the 1930s. That tax charged 25 percent of assets from German Jews looking to leave the country that hated them so. Schumer and Casey’s bill would impose 30 percent, to which Reason Magazine has noted: “Give Mr. Schumer some credit for creativity, Mr. Norquist; the New Yorker did not just translate, he also raised the rate.”
Casey went on CNN Friday to defend his bill. “When you’re an American citizen, when you benefit from the United States, the bounty of this country, you ought to pay your taxes. This isn’t just taking a trip around the world; he’s renounced his citizenship. He should pay for that,” he said.
Saverin called the debate around his departure “speculation and misinformation.”
According to The Hill, the bill would find “anyone renouncing their citizenship with a net worth above $2 million or a tax bill averaging at least $148,000 over five years a tax evader.”
Casey went to Twitter and his website this week to note that House Speaker John Boehner supports the idea, and that it should go through Congress as quickly as possible.