241–250 of 267 posts
Probably hard to find, but I’m curious to know what are the numbers about foreigners wanting to live in the US compared to the numbers from 10 or 20 years ago.
There might be some data that might indicate some of that kind of intent. Like number of apprehensions of illegals at the border. That peaked in the 80s and 90s and has dropped since: https://www.bloomberg.com/graphics/2017-trump-mexico-wall/im...
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If Progress(A) means taking stuff from a minority group, then sorry you don’t have the right for that either, even if your plan is to equally distribute it for the “good of everyone”. For some people who went through the hell of communism it is the opposite of progress.
>If Progress(A) means taking stuff from a minority group, then sorry you don’t have the right for that either, Hold on, let me check something... "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." I rather think we do have that right. Human rights for minorities are indeed a…
So let me clarify your position a bit: you do support immigration law enforcement, correct?
Also where did you get the idea that the majority of people in the US gets to decide the policy?
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>If Progress(A) means taking stuff from a minority group, then sorry you don’t have the right for that either, Hold on, let me check something... "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." I rather think we do have that right. Human rights for minorities are indeed a…
> it uses its constitutionally enumerated powers to go against your ideas. So let me clarify your position a bit: you do support immigration law enforcement, correct? Also where did you get the idea that the majority of people in the US gets to decide the policy?
Yes, of course. If enforcing the law as written involves doing Bad Things, the law should be changed, but if we aren't democratically deciding to change it, then it's on us what it involves.
Mind, there's been plenty of support for the DREAM Act for quite a while now, so...
>Also where did you get the idea that the majority of people in the US gets to decide the policy?
The basic ethical grounds for representative democracy, without which the US government has no legitimacy, no matter how many pieces of paper anyone waves around.
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> it uses its constitutionally enumerated powers to go against your ideas. So let me clarify your position a bit: you do support immigration law enforcement, correct? Also where did you get the idea that the majority of people in the US gets to decide the policy?
>So let me clarify your position a bit: you do support immigration law enforcement, correct? Yes, of course. If enforcing the law as written involves doing Bad Things, the law should be changed, but if we aren't democratically deciding to change it, then it's on us what it involves. Mind, there's been plenty of support for the DREAM Act for quite a while now, so... >Also where did you get the idea that the majority o…
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Yes and no. It's actually really complicated. For instance, you can be taxed on earnings against foreign-owned assets, such as stocks, bonds, ETFs, futures, commodities, and ownership in investment real property, which is not excluded from taxation in FEIE. FEIE only affects income tax, not capital gains tax or other forms of taxation. It also does not exempt you from FICA (Medicare, Social Security, et al). So you'r…
I don't think it's so terrible. E.g. if you buy real estate and live in it, then you can deduct 250K gains for a single person or 500K gains for a couple. To that end, you'll only be paying capital gains if you did very well.
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Consider that most, if not all, of these developed nations can afford the services you listed because America has vowed to protect them with it's military power. We spend on military force so they don't have to. The money they save is used for the services you listed. We could renegotiate, which is what President Trump is doing, yet Id guess Americans want to have the worlds largest and most advanced military. "He wi…
We spend on military to protect our economic and imperial interests abroad, and no other reason.
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>So let me clarify your position a bit: you do support immigration law enforcement, correct? Yes, of course. If enforcing the law as written involves doing Bad Things, the law should be changed, but if we aren't democratically deciding to change it, then it's on us what it involves. Mind, there's been plenty of support for the DREAM Act for quite a while now, so... >Also where did you get the idea that the majority o…
Majority rule is not “the basic ethical grounds for representative democracy”. US was set up as a constitutional republic specifically to limit the simple majority mob rule.
Yes, it very much is.
>US was set up as a constitutional republic specifically to limit the simple majority mob rule.
The US was set up to preserve the power of the rural landowner class. It wasn't intended to be a representative democracy initially, and has only moved imperfectly towards representative democracy over time, with great struggle.
Rule by a minority elite claiming the mantle of national authenticity as its exclusive possession is, ethically speaking, far less legitimate than that of plain, old-fashioned majorities.
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Which is very different from nearly half the population wanting to permanently emigrate.
Yes, but if you’re saying “I don’t see any other evidence of dissatisfaction from that cohort” then that’s because you didn’t notice it, not because it isn’t there.
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Yes and no. It's actually really complicated. For instance, you can be taxed on earnings against foreign-owned assets, such as stocks, bonds, ETFs, futures, commodities, and ownership in investment real property, which is not excluded from taxation in FEIE. FEIE only affects income tax, not capital gains tax or other forms of taxation. It also does not exempt you from FICA (Medicare, Social Security, et al). So you'r…
Thanks for the response. I was reading this in the interim: https://tax.kpmg.us/content/dam/tax/en/pdfs/2019/2019-us-tax... The answer to my question appears to be on the bottom of page 8, which paraphrased is that FEIE and Foreign Income Tax Credit are exclusive, so high income earners may wish to take the latter rather than the former (and the latter is what prevents double-taxation).
FEIE And Foreign Income Tax Credit are for different situations. In my situation initially, I would have taken FITC to try to avoid double taxation, but in my later situation I wanted to take FEIE but was ineligible and was also ineligible for FITC. Deciding which to take can actually be a complicated question.
I don't want to go into further detail on my situation, but I will say that things are greatly simplified if you go all-in on being an expat, without retaining any property in the US and you intend to limit travel outside the country you expatriated to.
