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I hope some policy makers in the government keep a watch on such threads. They will get an idea about the loss of taxes, that these remote would otherwise pay i
by deepGem 10y ago
I hope some policy makers in the government keep a watch on such threads. They will get an idea about the loss of taxes, that these remote would otherwise pay if they were to be employed in the US. Not to mention the social security and the indirect economic contributions. In fact all the anti-immigration camps should get a reality check at this point. In 5-10 years, most of the US tech jobs will be remote and not a dime of the remote worker's income will reach american shores.
- morgante 10y agoAny American citizens working remotely still have to pay US taxes.
- dasil003 10y agoThere are tax treaties with most (all?) countries whereby you receive a US tax credit. In the case of the UK I believe even National Insurance contributions can be counted towards Social Security.
- morgante 10y agoYou receive some credits and deductions but the statement that "not a dime of the remote worker's income will reach american shores" is objectively and supremely false. The IRS brings in huge sums of money from Americans living abroad every year.
- dasil003 10y agoI lived in London for 3 years and did not pay a dime to the IRS. That aside, your indignation over the quoted remark is misplaced since the GP was presumably talking about foreign nationals. So you're conflating two different points and then getting all self righteous about it.
- lukasm 10y agoIsn't it above 1mln? (US citizen working in London told me he has to make the tax return, but he is not tax for anything below 1 000 000 $)
- colordrops 10y agoNot on the first $90k or so.
- stoic 10y agobecause certainly none of those remote jobs would go to American workers, right?
- deepGem 10y agoThe assumption on my part is hat there aren't enough American workers to fill those roles