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That is one of the most ridiculous US tax laws we have. Even though we're only taxed on income over 100k.
by gnarbarian 10y ago
That is one of the most ridiculous US tax laws we have. Even though we're only taxed on income over 100k.
- cylinder 10y agoYou're confusing it with citizenship based taxation which is a different infuriating issue. Most countries tax your global income when you're a resident.
- X-Istence 10y agoMost countries don't tax you though when you are NOT a resident. Dutch citizen working and living in the US does not file taxes in The Netherlands. US citizen living and working in The Netherlands does file taxes in the US.
- briandear 10y agoActually earned income over 100k. Unearned income is taxed from the first dollar -- including things like social security benefits, capital gains and more.