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Americans Abroad
Showing Original Post only (View all)it is time to press your government for Resident based taxation and join the rest of the very world [View all]
The USA and Eritrea are the only countries in the world who use Citizen based taxation. The rest of the world uses Resident based taxation. RBT allows freedom. CBT is a form of slavery.
Read the article and the comments. Imagine you have a brother, sister, one of your children who works abroad who falls in love, marries a non American and chooses to live the rest of her/his life to be a citizen of another country. Also keep in mind, many babies are born in America and their parents , who were working or going to school in America when these babies were born, are citizens of another country. These babies went back with their parents homeland as children never to return to the USA. They have no desire to. Mayor and MP Boris Johnson is one of these babies. He left the USA at four. He was pretty shocked when he found out he had to pay the USA taxes on his Sale of his London home. and was able to enter the USA ONLY with a USA passport, not his UK passport.
To the rest of the world it looks like it is all about money for the USA And punishment If you give up US citizenship.
Ted Cruz l renounced his Canadian citizenship for $100 And a letter to the Cdn government stating he wished to renounce. No tax returns or bank accounts were required for him to report To the Cdn government. ( BTW, glad that he is No longer a Canadian. He is Sen Joe McCarthy reincarnated. )
Please do not use the excuse that the USA will rescue all Americans if they are in in a disaster. the USA demands payment for the rescue. Canada and other countries also rescue their citizens. So it is not just an American attribute.
In Canada you do not file Canadian taxes if you are living and working in another country. When and if you return , you do. French citizens living abroad have their own representives in their parliament/government who represent them. Canadians living abroad can also vote in Canadian elections if they so choose.
Read the comments.
http://blogs.voanews.com/all-about-america/2015/05/13/so-long-uncle-sam-record-number-of-us-citizens-dump-passports/
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it is time to press your government for Resident based taxation and join the rest of the very world [View all]
riverbendviewgal
May 2015
OP
I agree it is getting fucking ridiculous with the let's check the bank accounts of expats every year
davidpdx
Jul 2015
#13
Yeah that is true as long as you don't cross the $100k threshold you don't pay taxes
davidpdx
Sep 2015
#17