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The reporting requirements are seriously going to be what gets me to renounce. The limit they set -- $10,000 -- is absurdly low, and, honestly, since all of my
by beedogs 15y ago
The reporting requirements are seriously going to be what gets me to renounce. The limit they set -- $10,000 -- is absurdly low, and, honestly, since all of my income and all of my savings are made and held outside of the US, I don't see how it's any of the IRS's goddamned business in the first place.
- philiphodgen 15y agoThe $10,000 limit was introduced in the 1970s when it was a lot of money. :-)