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Thread: U.S. Expats Balk at Tax Law[W:82]

  1. #41
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    Re: U.S. Expats Balk at Tax Law

    The top rates today are slightly, very slightly lower than the rates of the Clinton era. I paid those rates and the cheap mother****ers can pay the same or yeah, Tigger is right, bar them from drinking our blood again and let them enjoy the taxless country they found to live in instead.

    Nobody likes paying taxes. Nobody.

    Basically, I'll guess that FATCA (which I first heard of was now in this thread) will expose their hidden assets that aren't accounted for in their tax returns. Extradition for tax crimes probably isn't all that easy. So, good time to make the break and drink pina colada served by nubile cocktail waitresses on the beach in Spain.

    I only paid taxes because I was afraid of the consequence of fibbing. I saw people get 11 years Fed time. I didn't pay them because I love my fellow citizens. I just follow the law. Paying taxes is unfortunate, but not catastrophic.

  2. #42
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by j-mac View Post
    Yeah that's right....Just alienate the wealth of the country, and tax the rest, and we can all live in mud huts right?
    LOL!!!

    You're talking about people who haven't been in the US for years.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #43
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by AliHajiSheik View Post
    Well, no. I don't write for Der Spiegel: Reaction to US Tax Law: European Banks Stop Serving American Customers - SPIEGEL ONLINE

    This one is a bit newer, but not sure whether you consider numismatists to be biased: Foreign Banks Are Refusing Overseas Accounts for Americans :: Coin Info . com

    Or perhaps something a bit more mainstream from the US: European banks oust Americans

    It is ok to be ignorant about something but there is no reason to be snarky about it. Of course, you probably don't agree with Rule #4 of these Forums.
    Other European banks will take their business. You've proven nothing
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  4. #44
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by sangha View Post
    Other European banks will take their business. You've proven nothing
    Well, I think I've proven two things:

    1. I didn't make it up and it is an issue. Now you can prove that other banks will take their business.
    2. You have twice gone against Rule #4.

  5. #45
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by sangha View Post
    LOL!!!

    You're talking about people who haven't been in the US for years.
    Well, maybe like TNE said, some of them had issues with dual citizenship in their new countries. But all I know is that this class warfare that people like you just love to rail on about is not the answer to anything other than oppression.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  6. #46
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by j-mac View Post
    Well, maybe like TNE said, some of them had issues with dual citizenship in their new countries. But all I know is that this class warfare that people like you just love to rail on about is not the answer to anything other than oppression.
    Class warfare?

    Gee, and you said you don't have an opinion on this law

    Suddenly, it's "class warfare"!!
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #47
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by j-mac View Post
    Whom do you think pays the bulk of Federal tax collection in this country? You OWSers with your jealousy really make me laugh....Of course I would prefer that taxes are lower so that everyone has no reason to hide money, short of that I applaud those whom have the means to hide it....It is theirs after all, not yours.
    As usual, J-Mac doesn't answer the question and goes off on a tangent.

    Second, payroll taxes are primarily paid not by the wealthy, but by the working class.

    How about you answer a question for once rather than deflect?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  8. #48
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by PirateMk1 View Post
    As a former expat I do have some expertise on the situation. Most expats that are not in the country for if I remember correctly 330 days or so don't have to pay taxes on their income up to 97,000 this year. Considering the fact they don't really live in the country in the first place and depending on their income it may be vastly cheaper to not be a citizen hence why they do it. That and they are giving Uncle Sam the finger, which I always applaud.
    But that's not the focus of this particular law. As usual, J-Mac thanks a post that's not relevant to the law and still doesn't understand the topic.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  9. #49
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by obvious Child View Post
    As usual, J-Mac doesn't answer the question and goes off on a tangent.

    Second, payroll taxes are primarily paid not by the wealthy, but by the working class.

    How about you answer a question for once rather than deflect?
    Answer a question?

    Shirley, you jest!

    He won't even say that he opposes this law, even though it is obvious that he does.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  10. #50
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    Re: U.S. Expats Balk at Tax Law

    Quote Originally Posted by PeteEU View Post
    No, the article assumes the link.. he has not gone out and interviewed ever single person on why they gave up their citizenship. And dual citizenship issues are a very valid reason.
    But haven't those countries always prohibited dual citizenship?

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