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a part of history when shares of facebook will hit the nasdaq, fb, but two lawmakers have proposed stiff new penalties to a billionaire they blame for gaming the system trying to get out of paying tens of millions in taxes while facebook goes public. we learned this man, one of the cofounders, has renounced his american citizenship, lawmakers say he is a tax dodger who lives in singapore and the democratic senators schumer of new york and bob casey of person say this could save him $67 million in u.s. taxes. the amount is obviously in dispute. the facebook co-founder told new york times newspaper that he had no intention of dodging uncle sam adding and i quote, i was born in brazil, i was an american citizen for 10 years, i thought of myself as a global citizen. senator schumer says, he doesn t buy that. he wants to de-friend the united states of america just to

Senators schumerTax dodgerNew york cityNew york timesCo founderBob caseyUncle sam7 million67 million