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US taxes incomes of their citizens globally, so, no matter where you reside, you're still subject to US tax legislation. The only way to get away from it is to
by badpun 1y ago
US taxes incomes of their citizens globally, so, no matter where you reside, you're still subject to US tax legislation. The only way to get away from it is to renounciate US citizenship, which I imagine the rich may not be ready to do.
- BrenBarn 1y agoIn theory, yes, but in practice the US doesn't have robust enforcement and it's easy for rich people to find loopholes to dodge taxes.