41–50 of 459 posts
US expatriates are the only expats in the world that have to file annual taxes (and report foreign bank accounts). It's ridiculous for most of us (99% are not tax exiles or tax evaders, we just left the USA for our own reasons). I wonder if Snowden files taxes?
Can you give up your american passport and then stop or do you have to do it for the rest of your life?
Or how about from a library. https://www.worldcat.org/search?qt=worldcat_org_all&q=edward...
Given that there are like... seven copies in U.S. libraries, I think that's probably terrible advice.
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US expatriates are the only expats in the world that have to file annual taxes (and report foreign bank accounts). It's ridiculous for most of us (99% are not tax exiles or tax evaders, we just left the USA for our own reasons). I wonder if Snowden files taxes?
Why does it matter? My brother in law lived in Costa Rica for 10+ years. He never had to pay a single bit of tax. I know a few people in Europe with higher salaries and they have never paid a cent either. I’ve yet to meet anyone who lived overseas and had to pay the IRS.
I've met several, and can assure you they exist.
US expatriates are the only expats in the world that have to file annual taxes (and report foreign bank accounts). It's ridiculous for most of us (99% are not tax exiles or tax evaders, we just left the USA for our own reasons). I wonder if Snowden files taxes?
That's not true. Several other countries require that their citizens file annual tax returns, and tax them on their worldwide income. Why is it ridiculous? And what makes you so sure that less than 1% of US citizens living outside the US evade tax?
You could call it ridiculous because it’s so unusual. But the reason most countries don’t do it is that taxes are a supposed to be a deal - the government forces you to hand over money and pays for services you use in return. Expats - they aren’t using those services.
And your point about tax evaders is moot - taxing global income only hurts law abiding expats, not evaders. Seems like you’re being hostile and skeptical for personal reasons.
Earlier quoted context omitted.
Can you give up your american passport and then stop or do you have to do it for the rest of your life?
It costs over a grand to quit the club known as "citizenship" you're going to want citizenship in wherever you reside first when you give up US citizenship (you could choose to be stateless, but that makes more problems than it solves). Doing this does not absolve you of existing debts in the eyes of the IRS. And finally, you'll be interviewed at the consulate and if your stated reason for giving up citizenship is "t…
Caused a bit of a hoohah with the Canadians.
Earlier quoted context omitted.
You can renounce citizenship. There is a large multithousands dollar "fee" to do so. And if they find out you did so to avoid paying taxes (ex. renouncing citizenship and then turn around to cash out some Bitcoin) they can still go after you for taxes. Most citizens never hit the threshold to actually pay except if you file from a known tax haven. Income up to $115k is untaxed and any other taxes you do pay are deduc…
It costs about $400 per year in time and money to file a tax return, so a multi thousand $ lifetime exemption seems ballpark good price.
That number seems pretty high unless you have very complicated income (in which case you likely have a lot of money too)
Also worth mentioning is that Foreign Income is taxed differently, so while you technically still have to pay taxes, I believe for most people who work mostly in a foreign country don't have to pay very much.
US expatriates are the only expats in the world that have to file annual taxes (and report foreign bank accounts). It's ridiculous for most of us (99% are not tax exiles or tax evaders, we just left the USA for our own reasons). I wonder if Snowden files taxes?
Why does it matter? My brother in law lived in Costa Rica for 10+ years. He never had to pay a single bit of tax. I know a few people in Europe with higher salaries and they have never paid a cent either. I’ve yet to meet anyone who lived overseas and had to pay the IRS.
Earlier quoted context omitted.
Sources and uses of funds are a much more reliable indicator of who someone is, who their friends are, and what they believe than the stories they publicly vocalize to themselves and others.
What are you implying, really?
It's one thing if these are the ebbs and flows of an open society.
Many people in the natsec apparatus- yes, at the institutional level attacked by Snowden- have counterclaims that Snowden's narrative of his actions and motivations is incomplete, that there is more to the story, that there are other reasons he lives now in Russia, which is not an entity that is conducting an experiment in democracy.
To put Snowden's work in better perspective, I would like to see- his use and sources of cash. That's all. And that's not this book.