Bloomberg News

Schumer: Eduardo Saverin Can Never Set Foot in U.S.

May 17, 2012

Senator Charles Schumer proposed legislation that would impose a 30 percent capital gains tax on people like Facebook co-founder Eduardo Saverin unless they show they didn’t renounce their U.S. citizenship to avoid taxes. Peter Cook reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Running Time: 03:06


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