Corporate tax “patriotism” mandate moves into high gear

[Karee 4,191]

I don't like him, but I agree with him. U.S. citizens pay taxes. If we move abroad we pay taxes.

Why do they get to avoid taxes?

Let's be real. It is not about "avoiding" taxes, it is about exploiting labor in other countries and for the most part darn near free.

It is un-American not to want to support your country and help it prosper. The rest of us who are paying taxes are doing our jobs.

So what exactly are you paying 33% taxes for while living abroad? The only benefit I got from my tax dollars while living abroad was a U.S. passport. It seems every other country in the world thinks it doesn't make sense to levy taxes on their citizens when they don't reside in the country of their citizenship. I guess they all have it wrong and the U.S. has it right. Is that it? :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

Edited July 28, 2014 by Karee

[JohnR! 5,495]

So what exactly are you paying 33% taxes for while living abroad? The only benefit I got from my tax dollars while living abroad was a U.S. passport. It seems every other country in the world thinks it doesn't make sense to levy taxes on their citizens when they don't reside in the country of their citizenship. I guess they all have it wrong and the U.S. has it right. Is that it? :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

I don't know if the US has it right or not, but it is what it is. Nobody is forced to maintain their citizenship and many individuals have, in fact, renounced theirs as a way to avoid paying US taxes. The choice is yours. It is really not all that complicated.

[Janelle2002 3,865]

So what exactly are you paying 33% taxes for while living abroad? The only benefit I got from my tax dollars while living abroad was a U.S. passport. It seems every other country in the world thinks it doesn't make sense to levy taxes on their citizens when they don't reside in the country of their citizenship. I guess they all have it wrong and the U.S. has it right. Is that it? :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

The business we have abroad.

[Karee 4,191]

I don't know if the US has it right or not, but it is what it is. Nobody is forced to maintain their citizenship and many individuals have, in fact, renounced theirs as a way to avoid paying US taxes. The choice is yours. It is really not all that complicated.

There's the small detail of having citizenship of SOME country. You need a passport to travel. Countries just don't hand out citizenship to foreigners. The U.S. is one of the easiest countries to obtain citizenship. Canada is another one.

The business we have abroad.

What business?

[The Nature Boy 4,224]

There's the small detail of having citizenship of SOME country. You need a passport to travel. Countries just don't hand out citizenship to foreigners. The U.S. is one of the easiest countries to obtain citizenship. Canada is another one.

What business?

For sure. Don't think you are going to the Philippine and get citizenship. They will happily deport your american behind. Unlike America.

[JohnR! 5,495]

There's the small detail of having citizenship of SOME country. You need a passport to travel. Countries just don't hand out citizenship to foreigners. The U.S. is one of the easiest countries to obtain citizenship. Canada is another one.

Countries do after a while you're a permanent resident. When you were living abroad you could have opted to take citizenship in your country of residence, as many residents do here in the US. It is quite simple, really.

[Karee 4,191]

For sure. Don't think you are going to the Philippine and get citizenship. They will happily deport your american behind. Unlike America.

Yeah Thailand is the same way. It's near impossible to get citizenship. Getting the equivalent of a green card is almost as difficult. You can however get 1 year marriage visas for the rest of your life, and it only takes about 24 hours to get one versus a year like it does with the U.S. That doesn't get you a passport though.

[The Nature Boy 4,224]

Countries do after a while you're a permanent resident. When you were living abroad you could have opted to take citizenship in your country of residence, as many residents do here in the US. It is quite simple, really.

Which countries are you talking about ??? Countries cover a lot f territory You say it really simple.

Perhaps you could explain how it works in .. Oh I don't know, the Philippines

[Karee 4,191]

Countries do after a while you're a permanent resident. When you were living abroad you could have opted to take citizenship in your country of residence, as many residents do here in the US. It is quite simple, really.

Actually as I pointed out above, no it's not. It's not quite simple. Really.

I see Jacques lurking here. Let him/her tell you about how easy it is to get Japanese citizenship.

[JohnR! 5,495]

Which countries are you talking about ??? Countries cover a lot f territory You say it really simple.

Perhaps you could explain how it works in .. Oh I don't know, the Philippines

Link: www.giyf.com

[Mr. Big Dog 10,747]

People are only responsible for paying taxes on income over roughly 100k if they live overseas.

I'd be okay with cutting "corporation people" a little slack on the first 100K of their earnings.

[Karee 4,191]

Link: www.giyf.com

So you don't know what you're talking about as usual. Thanks for playing. Go fetch: http://www.visajourney.com/forums/topic/457007-postcount-game-take-2/

[JohnR! 5,495]

Actually as I pointed out above, no it's not. It's not quite simple. Really.

I see Jacques lurking here. Let him/her tell you about how easy it is to get Japanese citizenship.

You can travel as a stateless person, if you happen to have no nationality. Where there;s a will there's a way...

[Karee 4,191]

I'd be okay with cutting "corporation people" a little slack on the first 100K of their earnings.

Yeah that's what they do now basically. I think the Foreign Earned Income Exclusion is about $108k fro 2014. There's the other matter of opening bank accounts for USCs as well now. With all this FACTA and FBAR business, a lot of them don't even want to deal with Americans.

But really what are you paying taxes for, besides a passport, if you don't live in the U.S.? Running around bragging that you're an American doesn't have the glamor it used to. In fact, it can get you killed in some places.

You can travel as a stateless person, if you happen to have no nationality. Where there;s a will there's a way...

Yeah right. I guess you've never heard of passport control.

Edited July 28, 2014 by Karee

[Janelle2002 3,865]

Foreign Earned Income Exclusion

If you meet certain requirements, you may qualify for the foreign earned income and foreign housing exclusions and the foreign housing deduction.

If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude from income up to an amount of your foreign earnings that is adjusted annually for inflation ($91,500 for 2010, $92,900 for 2011, $95,100 for 2012, and $97,600 for 2013). In addition, you can exclude or deduct certain foreign housing amounts.

You may also be entitled to exclude from income the value of meals and lodging provided to you by your employer. Refer to Exclusion of Meals and Lodging in Publication 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad, and Publication 15-B, Employer's Tax Guide to Fringe Benefits for more information.

For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, foreign earned income does not include any amounts paid by the United States or any of its agencies to its employees. This includes amounts paid from both appropriated and nonappropriated funds. Also, if you are a U.S. Government employee paid by a U.S. agency that assigned you to a foreign government to perform specific services for which the agency is reimbursed by the foreign government, your pay is from the U.S. Government and does not qualify for exclusion or deduction.