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mick063

(2,424 posts)
55. King George wants to tax the colonies.
Mon Jul 29, 2013, 04:02 PM
Jul 2013

Stock transaction tax

Windfall profit tax

Tariffs on imported goods from nations that don't meet environmental and worker safety standards.

Those should be the priority.

So expatriates won't be able to hide income and evade taxes?? kestrel91316 Jul 2013 #1
If you are an expat, you shouldn't have taxes due on foreign income NoOneMan Jul 2013 #2
Why? VanillaRhapsody Jul 2013 #3
Why should they? NoOneMan Jul 2013 #4
If they are US Citizens, they have the rights and duties .... oldhippie Jul 2013 #6
Your law sucks NoOneMan Jul 2013 #7
renounce your citizenship then. easy solution. HiPointDem Jul 2013 #12
many are riverbendviewgal Jul 2013 #16
i don't care. bye. HiPointDem Jul 2013 #17
Indeed. My sis in law and my nephews went to Ireland. They are now Irish citizens! SugarShack Jul 2013 #53
Please advise them about FATCA riverbendviewgal Jul 2013 #54
That makes Christmas trips a bitch NoOneMan Jul 2013 #18
yep. bye. HiPointDem Jul 2013 #19
Non-citizens can visit the US, no problem. Nye Bevan Jul 2013 #27
The article claims that wouldn't be enough muriel_volestrangler Jul 2013 #21
Exactly. People have no inkling how many people this impacts who have no US interests NoOneMan Jul 2013 #22
i'd like to see some support for the proposition that you can renounce your citizenship & still HiPointDem Jul 2013 #25
As far as I am aware, you pay an "exit tax" when you renounce on all wealth NoOneMan Jul 2013 #32
us has the banks where you have accounts report for 10 years after you renounce riverbendviewgal Jul 2013 #38
Nooneman is a one issue antitaxer misinformation spewer elehhhhna Jul 2013 #28
Oh, Im a sockpuppet now? WTF are you talking about? NoOneMan Jul 2013 #31
You do know that there is a quite large COLGATE4 Jul 2013 #42
Yes, its been posted here. NoOneMan Jul 2013 #43
You'll be okay in the morning snooper2 Jul 2013 #49
If they earn the income in this country, they pay the taxes to this country. Common Sense Party Jul 2013 #51
The U.S. is the only first world nation with citizenship based taxation. Xithras Jul 2013 #60
Love it or Leave it (and pay taxes forever) NoOneMan Jul 2013 #63
It'll be interesting to see the IRS try and chase them down. Xithras Jul 2013 #64
exactly riverbendviewgal Jul 2013 #14
Post removed Post removed Jul 2013 #26
Are you calling a fellow DUer a "Koch head" NoOneMan Jul 2013 #34
Looks like the jury agrees with you. In_The_Wind Jul 2013 #36
Only if a jury decides that way RudynJack Jul 2013 #39
What are taxes for? PETRUS Jul 2013 #44
do you not have a US embassy where you are? magical thyme Jul 2013 #45
people have left for good,,some more than 50 years ago riverbendviewgal Jul 2013 #47
If only... Sen. Walter Sobchak Jul 2013 #23
I don't see the problem ..... oldhippie Jul 2013 #5
I don't see why that's a problem NoOneMan Jul 2013 #9
Are you sure .... oldhippie Jul 2013 #11
First off, it'd be fine with me if the US tax system wasn't broke in the first place NoOneMan Jul 2013 #15
To me, it makes a great deal of sense. truedelphi Jul 2013 #58
"they should spend their own money and not come to the USA for handouts" NoOneMan Jul 2013 #62
bill gates actually doesn't. rich people have ways. HiPointDem Jul 2013 #13
The entire issue is that... Lancero Jul 2013 #8
Worse, that bakery is already taxed in *insert country here* NoOneMan Jul 2013 #10
There are many treaties that prevent double taxation of people who are citizens of one country but pampango Jul 2013 #20
Many of the double taxation exemptions only cover up to a certain amount NoOneMan Jul 2013 #24
I know many expats working in the oil biz elehhhhna Jul 2013 #29
What are you talking about? Explain exactly what I am wrong about NoOneMan Jul 2013 #30
I know people who are Americans living abroad and they only wind up paying US taxes on Bluenorthwest Jul 2013 #37
Its under $100K NoOneMan Jul 2013 #40
people leave America for various reasons riverbendviewgal Jul 2013 #41
These are people who are returning to live in the USA riverbendviewgal Jul 2013 #48
You are talking apples and oranges. riverbendviewgal Jul 2013 #56
Here is a letter from Rand Paul and others that will interest you. to Geithner riverbendviewgal Jul 2013 #61
when I retire, I will probuably renouncr citizenship loli phabay Jul 2013 #33
retirees DustyJoe Jul 2013 #35
You can check with the Isaac Brock society to get info on that riverbendviewgal Jul 2013 #52
an established bona fide non-resident U.S. Citizen is exempt from about the first $94,000 - annually Douglas Carpenter Jul 2013 #46
Many will renounce and relinquish riverbendviewgal Jul 2013 #50
King George wants to tax the colonies. mick063 Jul 2013 #55
The thing is that FATCA is a money maker...and taking from the easiest and those not the one percent riverbendviewgal Jul 2013 #57
There’s no way anyone can put enough lipstick on this pig to make it kissable. riverbendviewgal Jul 2013 #59
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