3 ms·

Why is it absurd? Or, from the other angle, why does it exist? (real answers please, not "becuz money-grubbing gub'mint") Considering you get to deduct $100k o

Why is it absurd? Or, from the other angle, why does it exist? (real answers please, not "becuz money-grubbing gub'mint") Considering you get to deduct $100k of your foreign earnings, it's not like they are trying to rake John Doe Expat over the coals.

waqf 12y ago
You mean to imply that being double-taxed after your first $100k is fair and reasonable?
- sliverstorm 12y ago
  If you own two houses, just because you aren't living at House A right now doesn't mean you don't need to pay upkeep, and doesn't mean you aren't deriving benefit from it. Thought of differently- expats expect to be able to vote, right? Is it fair and reasonable for someone who is categorically excluded from paying taxes, to be allowed to vote?
  - pdx 12y ago
    Why not? Voting was implemented in the USA long before income tax was. As for the theoretical 2nd house. You would pay property tax on it.
  - X-Istence 12y ago
    I am a tax payer in the United States, yet I am not eligible to vote ... Green Card holder! Why should someone living outside the united states, with no houses in the united states, still pay US taxes, just because they have US citizenship?
  - cruisername 12y ago
    This implies taxes are fair, that paying taxes is a requirement for voting, like buying your voice, and that voting would give any benefits in return. Yes, of course it is fair to vote when the vote could indirectly decide laws that make you a criminal in some way or another and no, it is not fair to be taxed, especially if you don't use the majority of infrastructure that taxes are supposedly needed for. I get where you are coming from, sure there are arguments for it, but it's not like there are none against it, either.
  - matthewowen 12y ago
    As a UK expat, I don't expect to be able to vote in the UK. I don't live in the UK. Why should I vote there? Why would I feel entitled to?
- qdog 12y ago
  Are you double taxed? Many countries have reciprocal taxing agreements with the U.S. whereby you get credits for foreign taxes. That's how it worked when I was a U.S. citizen in Canada.
gyardley 12y ago
It's absurd because no other country does it that way - the United States, despite the rhetoric, treats its own citizens worse in this aspect than any other country the rest of the civilized world. If other countries behaved the same way, it wouldn't be so ridiculous- but they don't, so it is.
- DominikR 12y ago
  I agree with you, but there is actually another country that is taxing foreign income of nonresident citizens: Eritrea http://en.wikipedia.org/wiki/International_taxation#Individuals http://en.wikipedia.org/wiki/International_taxation#Individu...
cylinder 12y ago
It's not that simple. If you want to live overseas long term you may end up paying quite a bit in tax, for example on retirement savings and distributions, investing, running a business. These things are all COMPLETE nightmares for a US citizen living abroad, even in a country like Australia.

waqf 12y ago

You mean to imply that being double-taxed after your first $100k is fair and reasonable?

sliverstorm 12y ago
If you own two houses, just because you aren't living at House A right now doesn't mean you don't need to pay upkeep, and doesn't mean you aren't deriving benefit from it. Thought of differently- expats expect to be able to vote, right? Is it fair and reasonable for someone who is categorically excluded from paying taxes, to be allowed to vote?
- pdx 12y ago
  Why not? Voting was implemented in the USA long before income tax was. As for the theoretical 2nd house. You would pay property tax on it.
- X-Istence 12y ago
  I am a tax payer in the United States, yet I am not eligible to vote ... Green Card holder! Why should someone living outside the united states, with no houses in the united states, still pay US taxes, just because they have US citizenship?
- cruisername 12y ago
  This implies taxes are fair, that paying taxes is a requirement for voting, like buying your voice, and that voting would give any benefits in return. Yes, of course it is fair to vote when the vote could indirectly decide laws that make you a criminal in some way or another and no, it is not fair to be taxed, especially if you don't use the majority of infrastructure that taxes are supposedly needed for. I get where you are coming from, sure there are arguments for it, but it's not like there are none against it, either.
- matthewowen 12y ago
  As a UK expat, I don't expect to be able to vote in the UK. I don't live in the UK. Why should I vote there? Why would I feel entitled to?
qdog 12y ago
Are you double taxed? Many countries have reciprocal taxing agreements with the U.S. whereby you get credits for foreign taxes. That's how it worked when I was a U.S. citizen in Canada.

gyardley 12y ago

It's absurd because no other country does it that way - the United States, despite the rhetoric, treats its own citizens worse in this aspect than any other country the rest of the civilized world. If other countries behaved the same way, it wouldn't be so ridiculous- but they don't, so it is.

DominikR 12y ago
I agree with you, but there is actually another country that is taxing foreign income of nonresident citizens: Eritrea http://en.wikipedia.org/wiki/International_taxation#Individuals http://en.wikipedia.org/wiki/International_taxation#Individu...

cylinder 12y ago

It's not that simple. If you want to live overseas long term you may end up paying quite a bit in tax, for example on retirement savings and distributions, investing, running a business. These things are all COMPLETE nightmares for a US citizen living abroad, even in a country like Australia.