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Good for him. He doesn't live in the US. He doesn't work in the US. He made money overseas. But the gready Fs in our government want him to pay US taxes, even though he gets no services from them. More people need to stand up and say enough.
Really? If he is arrested does he not have the same right to have our local representatives to check on him?
Doesnt he have the right to move here, live here, and even be protected here?
Doesnt he have the benefit of being evacuated if he has need?
Really? If he is arrested does he not have the same right to have our local representatives to check on him?
Doesnt he have the right to move here, live here, and even be protected here?
Doesnt he have the benefit of being evacuated if he has need?
etc etc.
He is living in Briton. Working there. Pays taxes there. What services he receives from a government he receives from the British government. Just what does the US government provide him again, while he lives in Briton?
You can argue it all you want, you can either pay your taxes, elect people who will stop the spending, or leave. You can't get all the benefits of being a American citizen, without the responsibilities that are expected of you.
Well lets stay on topic shall we...?
So those Socialist Europeans who tax everything do not expect tax revenues from foreign earned income, but Exceptional America does expect tax revenues from foreign earned income and is AFAIK the only Western Nation to do so.
As a Dual National (US/UK) I must admit I find it very amusing that this is the case. When you are resident in a country you receive benefits for your tax monies (Law Enforcement, National Defense, infrastructure etc.) when you're not resident you do not receive any of those benefits (so arguing that you get benefits is a little disingenuous).
Dual Nationals do not have the right to local representation provided at US taxpayers expense, they have the right to live in the US, but in doing so will pay for that privilege anyway through taxes, and the right to evacuation is entirely dependent on the locale that the person needs evacuation from, even then the evacuation may not be somewhere you want to be evacuated, if you're in say the Philippines at the start of some anti-Western revolution and need evac, but are living in Manchester England, the US State Department are not going evac you to Manchester, or probably even London, but most likely to the nearest US location to that area (Military base, protectorate, etc.), while that's better than being dead, the UK Embassy would probably evac that person too, and would also evac a UK passport holder regardless of their country of residence.
As has been mentioned while on the first ~$90k-$98k (depending on the tax year) you are assessed on the differential of local to US tax rates above that, you cannot apply the Foreign Earned Income exclusion (which means you pay tax both locally and to the IRS).
Since corporations are more like people these days wouldn't it be nice if the multinationals doing business here had the same requirements. I don't think we would see billions of dollars setting off shore waiting to come back in if they get a tax break. Crazy fantasy idea I'm sure. You can operate your business overseas but the profits will be taxed here.
He is living in Briton. Working there. Pays taxes there. What services he receives from a government he receives from the British government. Just what does the US government provide him again, while he lives in Briton?
The US provides Protection and defense due to British free-riding on US military power projection.
The foreign office would soil themselves if the US decided to pull back the global footprint it currently has.
Also, if he was caught in a pinch overseas and couldn't access a UK consulate, he could access a US one and receive the benefits and protection of being a US citizen from said consulate/embassy.
Uh; Mr Johnson being a Brit AND a high level politician would probably override anything the IRS can do to him because that WOULD cause an international incident. He was a kid when he moved to England WITH his English parents.
The US provides Protection and defense due to British free-riding on US military power projection.
The foreign office would soil themselves if the US decided to pull back the global footprint it currently has.
Also, if he was caught in a pinch overseas and couldn't access a UK consulate, he could access a US one and receive the benefits and protection of being a US citizen from said consulate/embassy.
The man is 50 years old. He left America at age 5.
For 45 years he has NOT needed any US consulate or any US services.
He's a Brit who happened to be born on US soil.
ok, I see then his only alternative would be to revoke his US citizenship
You know that it costs a minimum of US$2,350 to renounce your US citizenship, and it can be quite a difficult process? It is also illegal to renounce your citizenship solely for the reason of not paying taxes, and doing so makes you liable for paying US income taxes for 10 more years AFTER you renounce your citizenship. If you have a net worth of over US$2million and you renounce your citizenship, you are automatically considered to having done so to avoid taxes and are severely penalized for it.
Also, being a US Citizen overseas makes it REALLY hard to do normal banking or investing as the US requires all citizens and financial institutions that do business with US citizens to file declarations for any and all accounts if that US citizen has more than US$10,000 in total foreign assets. Since banks have no idea what your total value of foreign assets are, they are essentially required to file these declarations for any account you may have and many banks simply will not bother doing business with US citizens overseas or will limit them to the simplest checking accounts. The penalties for not submitting these forms are up to 50% of your total assets!
Being a US citizen overseas is a huge pain in the ass financially and for anything related to taxes! No other country's citizens have to go through this :-(
I wonder if he signed up for selective service? Isn't that also a requirement of all MALES in the USA? You wouldn't have a deficit if the US government was so diligent in taxing corporations like this on their overseas earnings. I wonder why they don't? Not really, I know who the governments bosses really are
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