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Old 02-09-2014, 08:13 PM
 
Location: Chesapeake Bay
6,046 posts, read 4,816,860 times
Reputation: 3544

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Quote:
Originally Posted by KUchief25 View Post
No syrup.
Makes sense.
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Old 02-09-2014, 09:16 PM
 
29,407 posts, read 22,003,124 times
Reputation: 5455
Quote:
Originally Posted by Weichert View Post
Makes sense.
You loons think we have to leave the USofA t be free. What is wrong with that? Oh nothing according to a canuck who blathers into our business. Yep I guess all is well until you don't have any protecting from our military you syrup swillers.
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Old 02-10-2014, 03:03 PM
 
5,719 posts, read 6,447,355 times
Reputation: 3647
Quote:
Originally Posted by gretsky99 View Post
The US is the only developed nation to require citizens abroad to pay income tax. This policy did not originate with Obama.
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Old 02-10-2014, 03:05 PM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
Reputation: 27720
Quote:
Originally Posted by juppiter View Post
The US is the only developed nation to require citizens abroad to pay income tax. This policy did not originate with Obama.
No but the new law does.
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Old 02-10-2014, 03:07 PM
 
46,951 posts, read 25,984,404 times
Reputation: 29442
Quote:
Originally Posted by Crossfire600 View Post
Remember that 1% feeds you even though it is a very small number.
Dude, wait - what?
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Old 02-10-2014, 03:12 PM
 
Location: Pa
20,300 posts, read 22,219,329 times
Reputation: 6553
Quote:
Originally Posted by Grsz11 View Post
I know you have to repeat the Tea Party line, but lets not be entirely disingenuous. Some countries just hand out citizenship for things like charity work. If the US were as easy as you claim, illegal immigration wouldn't be a problem, would it?
It shouldn't be easy and in fact should be made more difficult. Most countries require VISA applicants to be able to prove that they are financially viable. VISA's get canceled when you can no longer prove it. Most countries don't allow foreigners to vote, own land or have a civil service job. We need to reapply and raise the bar. Especially when it comes to applicants who are illiterate and don't have the means to support themselves.
We produce enough dead weight on our own, we hardly need to import more, or grant an amnesty to a people who have already demonstrated that they are criminals.
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Old 02-10-2014, 03:15 PM
 
Location: Too far from home.
8,732 posts, read 6,781,353 times
Reputation: 2374
Quote:
Originally Posted by juppiter View Post
The US is the only developed nation to require citizens abroad to pay income tax. This policy did not originate with Obama.
Correct. What originated with Obama is his mandate that ALL banks report to the IRS the accounts of Americans that have over $10,000. See my earlier post.
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Old 02-10-2014, 03:16 PM
 
Location: Silicon Valley, CA
13,561 posts, read 10,355,232 times
Reputation: 8252
Quote:
Originally Posted by HappyTexan View Post
No but the new law does.
What's been the changes? I've worked overseas and it's always been a longstanding policy that if you're a US citizen or permanent resident residing abroad, you are liable for taxes on your worldwide income.
There is a upper limit of income that you can exclude from US taxes, though.

A few really rich folks like billionaire Warren Miller who founded Duty Free Shops, Inc. and lives in Hong Kong, and have little involvement with the US in their professional and personal lives, renounce their US nationality.

I also know of a friend and a relative who surrender their permanent resident status because they don't spend a lot of time in the US and don't need the burden to file for taxes, and have to make trips to the US to keep that status.
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Old 02-10-2014, 03:17 PM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
Reputation: 27720
Quote:
Originally Posted by tinman01 View Post
It shouldn't be easy and in fact should be made more difficult. Most countries require VISA applicants to be able to prove that they are financially viable. VISA's get canceled when you can no longer prove it. Most countries don't allow foreigners to vote, own land or have a civil service job. We need to reapply and raise the bar. Especially when it comes to applicants who are illiterate and don't have the means to support themselves.
We produce enough dead weight on our own, we hardly need to import more, or grant an amnesty to a people who have already demonstrated that they are criminals.
Yup, even with regards to retirement.
One must prove they will not become a financial burden on the state.
Countries actually want retirees that can financially support themselves.
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Old 02-10-2014, 03:18 PM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
Reputation: 27720
Quote:
Originally Posted by silverkris View Post
What's been the changes? I've worked overseas and it's always been a longstanding policy that if you're a US citizen or permanent resident residing abroad, you are liable for taxes on your worldwide income.
There is a upper limit of income that you can exclude from US taxes, though.

A few really rich folks like billionaire Warren Miller who founded Duty Free Shops, Inc. and lives in Hong Kong, and have little involvement with the US in their professional and personal lives, renounce their US nationality.

I also know of a friend and a relative who surrender their permanent resident status because they don't spend a lot of time in the US and don't need the burden to file for taxes, and have to make trips to the US to keep that status.
Well maybe you need to go off and do a little reading.
The burden of US taxation and reporting to the IRS is not only on you now.
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