Record Numbers of Americans Want to Leave the U.S

Re:Record Numbers of Americans Want to Leave the U.S by benj111 on Monday January 07, 2019 @12:24PM (#18847331)

"aren’t satisfied with the returns on taxation"

Ironic as American expats are still taxed, unless they give up citizenship.

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Re:Record Numbers of Americans Want to Leave the U.S by duaoebg on Monday January 07, 2019 @12:38PM (#18847567)

The reduction in tax is still substantial.

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Re:Record Numbers of Americans Want to Leave the U.S by benj111 on Monday January 07, 2019 @12:44PM (#18847661)

I've heard scare stories of dual nationals who have never been to the US being taxed.

As far as I'm aware, its the only nation that taxes its citizens in that way.

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Re:Record Numbers of Americans Want to Leave the U.S by muzz on Monday January 07, 2019 @12:52PM (#18847773)

How is there any reduction in tax if expats must still pay US taxes?

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Re:Record Numbers of Americans Want to Leave the U.S by duaoebg on Monday January 07, 2019 @12:59PM (#18847873)

There is foreign earned income exclusion. Which stops at $100K but this is still a lot for many people.

I’m not American so it’s not my problem, but it’s what I hear from other tax exiles.

My parents are American but given the choice for me to become American I declined due to the whole tax issue.

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Re:Record Numbers of Americans Want to Leave the U.S by walrus01 on Monday January 07, 2019 @01:14PM (#18848096)

there is a "physical presence test" where you need to be resident outside the USA for 330 days or more a year.

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