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In reply to the discussion: More are renouncing U.S. citizenship as IRS cracks down [View all]harmonicon
(12,008 posts)69. No, it's progressive taxation that I want.
We need sensible tax policy in the US, which means strong progressive taxation, as far as I'm concerned. The European countries which do that are generally better off than the US. They manage to get by without asking for income tax from their citizens living abroad.
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If you live a full year in a foreign country, the threshold income is about $92,000
Art_from_Ark
May 2012
#78
Where I am you can't leave the house without tripping over an "expert"
Sen. Walter Sobchak
May 2012
#54
That is total B.S. Doubly taxed...go learn the tax code, thats a total myth.
Katashi_itto
May 2012
#45
At Smash And Grab, Sir: At Finding New Ways To Grab Money By Smashing Other Peoples Enterprises
The Magistrate
May 2012
#98
With shape the most foreign countries are in...good luck!! They will (expats) not escape "auterity"
nanabugg
May 2012
#75
Whatever, but they shouldn't be allowed to ever return and anything they owe the U.S. should
lonestarnot
May 2012
#11
I really don't care about how you feel on this. If you are an American citizen and you owe taxes
lonestarnot
May 2012
#99
Hard to an article seriously when it can't get the name of the agency it is reporting on right...
Ms. Toad
May 2012
#36
Do you really think the US embassy would protect them better than, say, the Uk embassy?
mainer
May 2012
#48
This is proof that higher tax rates cause a drop in the amount of money collected.
Maine23
May 2012
#79