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If his mother had been encouraged to renounce her citizenship through these atrocious tax laws he might never have returned to the US, even if he retained his c
by InclinedPlane 13y ago
If his mother had been encouraged to renounce her citizenship through these atrocious tax laws he might never have returned to the US, even if he retained his citizenship.
- sliverstorm 13y agoI wonder what her income was? Last I heard, citizens living outside the USA making under ~$90k pay no taxes at all.
- seanmcdirmid 13y agoThis is not true, or kind of true, or kind of complicated. Under $90K and you pay taxes on your income in another country, and you didn't earn any of it in the states, you can exempt it entirely. Over $90K, you can take the foreign earned income tax exemption AND then deduct your foreign taxes from the rest using a complicated formula. This year I did all my taxes the long way (deducted my Chinese taxes) as I didn't fit the domicile requirement, but the result was the same. If you live in a high tax country, you usually do not owe to the states; that wouldn't be fair right?
- krichman 13y agoMy knee-jerk reaction is to say that would have been a good thing, but in all honesty his replacement would have been just as full of it.