4 ms·
>There is a population of U.S. citizens who live overseas and may never have paid U.S. taxes on their non-U.S. earnings and non-U.S. accounts. This really piss
by danssig 15y ago
>There is a population of U.S. citizens who live overseas and may never have paid U.S. taxes on their non-U.S. earnings and non-U.S. accounts.
This really pisses me off. If I don't live in the US why on earth would I pay taxes on my non-US earnings? No other first world country expects this and no country has a right to it. Am I slave who's very soul belongs to the US government?
>Now that the IRS is enforcing the rules, with criminal penalties for scofflaws
Scofflaws? If I ignore laws of countries I don't live in I'm a scofflaw?
- anigbrowl 15y agoInstead of downvoting me, I suggest you take your complaint up with the writer of the Wall Street Journal article. I quoted that extract to demonstrate that there were contradictory points of view about the reason for the recent uptick in renunciation of US citizenship besides the one offered in the grandparent post. As for why US citizens living abroad pay US income taxes, that has been around since the time of the civil war, when a temporary income tax was imposed for reasons that I hope are obvious. It seems to have escaped your attention that I said I don't support it, and even linked to a paper in a tax law journal arguing that it makes poor economic sense. On this topic, you should take your complaint up with the US government.