4 ms·
and 40% of assets over $2m. Thanks, Obama :(
by medium_burrito 6y ago
and 40% of assets over $2m. Thanks, Obama :(
- xyzzyz 6y agoWhat 40% are you talking about?
- medium_burrito 6y agoHere it says 23.8%: https://1040abroad.com/faq/renouncing-u-s-citizenship/ https://1040abroad.com/faq/renouncing-u-s-citizenship/ I could swear it was 40%, but I'm too lazy to look it up more. Suffice it to say Uncle Sam gets his pound of flesh and more.