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The sovereign citizens trip up because they image there is some legal loophole to allow them to opt-out. There is not. But there should be.
by WincysWife 5y ago
The sovereign citizens trip up because they image there is some legal loophole to allow them to opt-out. There is not. But there should be.
- vkou 5y agoThat legal loophole exists. They can leave the country and renounce their citizenship.
- ceilingcorner 5y agoExit taxes are pretty rough. You also cannot renounce citizenship if your explicit reason is to avoid taxes. Hotel California indeed.
- vkou 5y agoIf you have no intention of coming back, there is next to no recourse against you.
- ralph84 5y agoGood luck getting a bank account anywhere except in the most remote places of the world if you left the US with unpaid taxes. Everywhere else the banks will comply with FATCA and want nothing to do with you [0]. [0] https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...
- eyivghh 5y agoExtradition is a thing, as is foreign seizure of assets. Also where would this person go? The swiss wont touch a normal american, nevermind one whose trying to lower his taxes
- carabiner 5y agoBut you're basically on the same page with their sentiments, right?