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I love it. It gives me options when we have undesirable tax laws in the US.
by paulhauggis 11y ago
I love it. It gives me options when we have undesirable tax laws in the US.
- beagle3 11y agoNo it doesn't. US citizens and residents are taxed globally, regardless of where they reside. And the last NYT report on it, if I remember correctly, the line to give up one's US citizenship was 5 years long (and you can't actually do that until you're taxes are all filed and paid)
- paulhauggis 11y agoI never said I wouldn't pay all of my taxes. but you can still move your company to another country and not get double business taxed (which will save lots of money) and get your money in a different way than just a pay check. It's only fair. If the US government decides to make it difficult for businesses by raising taxes to the point of ridiculousness, I'm going to leave.
- kjs3 11y agoI've been listening to guys like you whine like this for the whole of my 30+ year career (including starting a couple of companies). If the business friendly ecosystem, low tax, libertarian nirvana you guys pine for existed outside of the US, you'd all be gone. It doesn't, and it's not going to any time soon. For most entrepreneurs, starting and building a business in the US has probably never been easier. So quit "threatening" to pull an Atlas Shrugged on us; that shtick has been tedious and silly for decades.
- beagle3 11y agoWhat's "double business taxes"? With relatively minor exceptions, if two countries have a tax treaty among them (which is usually the case in the western world), there are no double taxes. (Although you are likely paying the higher, rather than the lower, of the relevant two).
- learnstats2 11y agoIf I've understood you correctly, it's unlikely you'll find something more to your taste in the EU. The EU population doesn't tend to equate desirable tax law with lower percentage, anyway.