Schumer Introduces Ex-PATRIOT Act: Will Banish Those Who Renounce US Citizenship

Thursday, May 17, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/17/2012

What comes after Banana Republic? Because America is it – after last week Facebook co-founder, and native Brazilian, Eduardo Saverin announced he would denounce his US citizenship, America has decided to make it virtually illegal to denounce one’s citizenship in what can only be classified as the dumbest proposed law in recent history: meet the Ex-PATRIOT Act (Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy) proposed by Chick Schumer and Bob Casey. One wonders just how much taxpayer money was spent to pay naming consultants to come up with this witty acronym for a law that can only be classified as utter idiocy. Here is our suggestion for the follow up law: The “GULAG” Act: Get Ur Laughable Asses Gone (although we are open to any other non-taxpayer funded acronym suggestions).

From ABC:

The Rest…HERE

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