7 ms·
>I support a reduced tax bill when you are living abroad but to say Americans should pay no taxes is ridiculous. I'm fairly sure America is the only country th
by graeme 12y ago
>I support a reduced tax bill when you are living abroad but to say Americans should pay no taxes is ridiculous.
I'm fairly sure America is the only country that taxes non-resident citizens. Why do you think America is right and every other country is wrong?
- bruceb 12y agoAmerica isn't every other country. In most cases America offers more opportunity than anywhere else.
- jarek 12y agoIn this case, more opportunity to do paperwork and apply for special interest tax breaks :)
- Joky 12y agoThat's why it shouldn't need to tax its citizen abroad...
- CalRobert 12y agoPlease cite sources. While we're trading unsubstantiated opinions; I disagree. I moved to a country everyone said had a crap economy and it has offered far more opportunity. Of course, you're probably right. The real lesson here is to including supporting evidence and not just your feelings.
- kalleboo 12y agoFrom my perspective it offers less. For instance, holding a passport from nearly any other country is effectively like holding a form of health insurance - if you get diagnosed with a long-term disease like cancer, you can repatriate and get free treatment. Not so with US citizenship. Yet other countries don't charge for this much more tangible privilege. The US passport also isn't even in the top 10 most valuable ones to hold for travel https://www.henleyglobal.com/international-visa-restrictions/ https://www.henleyglobal.com/international-visa-restrictions...
- seanmcdirmid 12y agoUgh, there are a lot of countries, including big ones like china.
- jarek 12y ago> Ugh, there are a lot of countries, including big ones like china. The table in http://en.wikipedia.org/wiki/International_taxation#Individuals http://en.wikipedia.org/wiki/International_taxation#Individu... states "no" for "taxes foreign income of nonresident citizens" for China. Is that incorrect?
- seanmcdirmid 12y agoYep, it is a commonly misunderstood and ignored aspect of the Chinese tax system. I have to stay out for one month every five years to avoid it.
- jarek 12y agoI'm confused. Are you a Chinese tax resident? Are you a legally non-tax-resident Chinese citizen? My question was about taxation of non-Chinese income of non-resident Chinese citizens. (Forming an analogy to taxation of British income of British-resident American in the opinion.)
- seanmcdirmid 12y agoI am a Chinese tax resident but an American citizen. China taxes worldwide income for citizens as well as long term residents (they don't really do green cards), I have to do the one month thing every five years to avoid it. The gov is also not aggressive in enforcement. Even austrailia taxes worldwide income, America is not that unique here.
- jarek 12y agoYes but the issue is about taxing worldwide income of non-resident citizens. Do Chinese laws provide for taxing U.S. income of Chinese citizens who permanently live and work in the U.S.? (Leaving aside enforceability.) Taxing foreign income of tax-residents is, as you said, common, most first-world countries do it.