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So why dont you renounce your US citizenship? The US govt knows that most non resident US citizens even if they dont like paying taxes are still going to pay i
by sumedh 10y ago
So why dont you renounce your US citizenship?
The US govt knows that most non resident US citizens even if they dont like paying taxes are still going to pay it because those citizens still want to be part of club US.
- morgante 10y agoRenouncing citizenship is expensive and non-trivial. The US global taxation regime is a trap.
- sumedh 10y agoYes I know its convoluted but do want to keep paying taxes every year or just renounce citizenship , it's your choice.
- yehi 10y agoJust renouncing US citizenship costs several thousand dollars in legal fees and could take up to 5 years. What you are suggesting is similar to telling someone who is complaining about rent prices to just buy a house.
- nikdaheratik 10y agoWell why doesn't the US government just decide to tax its citizens the same as nearly every other country in the world? You're saying that the solution to a bad system is to move, rather than just making the system less terrible.
- sumedh 10y agoI am talking about realistic scenarios, that person can renounce US citizenship, changing the US tax code is not in his hands, is it?