Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
There is just a different culture and mindset in Europe. In America the culture is basically an every man for himself mentality. I have a friend in Europe who just spent a week in the hospital. When you leave, you simply sign a form and you're good to go. In America a week in the hospital without insurance would most likely lead to bankruptcy and possibly joining the homeless population.
Yes, you are given a bill and you meet with a financial administrator and discuss your payment options. If you are unable to meet the agreed upon obligation, your credit is ruined, until the debt is paid, or it falls off after 10 - 15 years of inactivity ...
You are the one who is naive. You left out one component (most logically due to being ignorant that it exists) that Informed Consent touched upon.
Informed Consent brought up the example of the Swedish billionaire founder of IKEA not paying taxes to Sweden for 40 years, and that they still have UHC because they 'tax the little people' so to speak, and the point she's making is valid.
The reason the founder of IKEA doesn't pay those taxes to Sweden is that he doesn't live in Sweden.
There are only three countries in the world that tax based on citizenship rather than residency.....Eritrea (which is in Africa), the Philippines, and the United States.
Facebook co-founder Eduardo Saverin gave up his U.S. citizenship and saved $700 million in taxes. He had originally immigrated from Brazil, and now lives in Singapore.
Bingo! And where can the rich live? Wherever the hell they want, thereby avoiding paying taxes to the country that issues their passports, entirely.
And, actually, Filipinos who don't live in the Philippines are taxed only on income from sources within the Philippines.
Even if you renounce your US citizenship (to move to another country), Obama passed a law that says you have to pay an additional 20% "exit tax" on any wealth above $500K (IIRC).
Even if you renounce your US citizenship (to move to another country), Obama passed a law that says you have to pay an additional 20% "exit tax" on any wealth above $500K (IIRC).
Yep. The US is FAR more oppressive than European countries. Both in taxing worldwide income, AND in charging an "exit tax" when one wishes to relinquish US citizenship.
How about if we level the playing field? Adopt European rules? Allow the rich like Ingvar Kamprad to pay no tax whatsoever as long as their legal residence is elsewhere?
Everybody including politicians focus on the wrong issue. The real problem here isn’t Obama’s care or coverage type or which group is getting taxed. It all boils down to cost of healthcare delivery and the expected outcome.
Even if you renounce your US citizenship (to move to another country), Obama passed a law that says you have to pay an additional 20% "exit tax" on any wealth above $500K (IIRC).
That's not accurate
If you expatriated on or after June 17, 2008, the new IRC 877A expatriation rules apply to you if any of the following statements apply.
Your average annual net income tax for the 5 years ending before the date of expatriation or termination of residency is more than a specified amount that is adjusted for inflation ($151,000 for 2012, $155,000 for 2013, $157,000 for 2014, and $160,000 for 2015).
Your net worth is $2 million or more on the date of your expatriation or termination of residency.
You fail to certify on Form 8854 that you have complied with all U.S. federal tax obligations for the 5 years preceding the date of your expatriation or termination of residency.
If you expatriated on or after June 17, 2008, the new IRC 877A expatriation rules apply to you if any of the following statements apply.
Your average annual net income tax for the 5 years ending before the date of expatriation or termination of residency is more than a specified amount that is adjusted for inflation ($151,000 for 2012, $155,000 for 2013, $157,000 for 2014, and $160,000 for 2015).
Your net worth is $2 million or more on the date of your expatriation or termination of residency.
You fail to certify on Form 8854 that you have complied with all U.S. federal tax obligations for the 5 years preceding the date of your expatriation or termination of residency.
Yes that's why i said IIRC. It's still a tax on the middle class/rich.
I'd love to hear the justification of why the government gets to steal 20% of your net worth when you're LEAVING!!? You've already payed close to 1/2 of your income in tax, now you have to pay 20% more to leave?
How exactly are you a financial burden to America when you don't even live there?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
You are the one who is naive. You left out one component (most logically due to being ignorant that it exists) that Informed Consent touched upon. 
