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" Jane has lived and worked in France for 30 years drawing what she calls a "humble" salary. She has filed a tax return every year even though she earns signifi
by ascorbic 11y ago
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Jane has lived and worked in France for 30 years drawing what she calls a "humble" salary. She has filed a tax return every year even though she earns significantly less than $106,000 a year."
Hardly the 1%
- crdoconnor 11y agoShe isn't the reason this article appeared in the BBC (it's effectively a reprinted press release, cf. Paul Graham's submarine). She also earns a good salary and is dropping citizenship basically in order not to have to fill out a form once a year. Either that or she's expecting a pay raise from her "humble" salary and will have to start paying a small amount of US tax. Either way, my sympathy dial isn't moving.
- Ovid 11y agoYou are completely wrong and people with your attitude are part of the reason we expats are suffering. Studies repeatedly show that that that majority of almost 8 million Americans living abroad moved to look for work, to find love, explore the world, do volunteer work, teach, and so on. We're largely middle class, just like most Americans back home. We're not rich (many of us teaching or volunteering are dirt poor), but we're putting up with a tax horror that Americans back home would revolt over if they had to endure it.
- to3m 11y agoIt sounds more as if she is having difficulty getting access to banking facilities on account of the additional reporting requirements the US insists on.
- ascorbic 11y agoNone of that puts her in the 1%. If she cared that much about tax she wouldn't be living in France. If you read the article you'd see it's because these people are having their bank accounts closed, or being unable to open them because of the onerous restrictions that Fatca puts on banks with expat American customers.
- plcancel 11y agoPlease consider reading the article again (and put some WD-40 on that dial, friend!)