Citizenship isn’t free. You don’t get to have your cake and eat it, too.
Comment on "US Person": is a red flag for financial institutions in Europe
PlutoniumAcid@lemmy.world 1 day ago
Google FATCA, the US Foreign Account Tax Compliance Act.
Anyone anywhere in the world that is either US citizen, or a green card holder, or in other ways related to Murica, must pay US taxes. It’s insane, but the US tax system is powerful enough to bully all other countries into compliance.
Don’t get me started. 🤮
p03locke@lemmy.dbzer0.com 1 day ago
username123@sh.itjust.works 47 minutes ago
Oh but the cheap labor from non-citizens should be free from basic human civil rights protections, right? /s fkn idiot, you make me ashamed to be in the same country with you
NocturnalMorning@lemmy.world 4 hours ago
Wow, I’ve never seen a post get a whole 100 downvotes before. This is a special moment for me.
FosterMolasses@leminal.space 4 hours ago
It’s peak regime indoctrination in action.
NocturnalMorning@lemmy.world 4 hours ago
Yeah, taxes are supposed to support services for people living in a country. Their comment is exceptionally dumb.
floofloof@lemmy.ca 1 day ago
Funny, because it’s free everywhere else. Sounds like a bit of a shithole country.
Pika@sh.itjust.works 2 minutes ago
Wait, is there actually countries out there where you don’t pay taxes?
I’m guessing they must run off a very heavy business tax because the money has to come from somewhere in order for the government to be able to operate.
Or is it the gov just says “this will happen” and always has a blank check with no requirement to repay
AllNewTypeFace@leminal.space 1 day ago
Except for maybe eight countries. The US, North Korea and a few small Pacific island states, if I recall correctly.
FosterMolasses@leminal.space 4 hours ago
The US, North Korea and
Gotta love how these two countries are suddenly being used in the same sentence all the time lol
Thteven@lemmy.world 1 day ago
If you renounce your citizenship the US government still expects you to pay taxes for the next 10 fucking years. Do you think that sounds reasonable too?
theneverfox@pawb.social 1 day ago
Haven’t heard that before, that’s wild
Sassington@feddit.uk 11 hours ago
No they don’t, this is why Boris Johnson gave up his American citizenship.
Kolanaki@pawb.social 19 hours ago
I’m wondering how the fuck are they even gonna know you paid them or not. If I am living in Germany, with a German employer, why the fuck are they telling the US what my wages are?
mcv@lemmy.zip 11 hours ago
Because otherwise none of their customers will be able to do business with the US. They would like their customers to be able to do business with the US, so their only options are to either follow reporting rules for US Persons, or avoid having US Persons as customer. It sucks, but it’s the US government forcing this on everybody, and because of the economic dominance of the US, the rest of the world has no choice but to comply.
PapaStevesy@lemmy.world 11 hours ago
I got mine for free, how much did you pay for yours?
grue@lemmy.world 1 day ago
This isn’t about Americans’ obligation to pay. It’s about hassle being forced upon foreign companies that have fuck-all to do with America (except for having American expat customers), to make them help collect the taxes on the US’ behalf.
Captain_Buddha@lemmy.world 1 day ago
Who the fuck is getting cake!? The only thing we’re eating is shit from the Oligarchs.
muusemuuse@sh.itjust.works 1 day ago
It literally is.
boonhet@sopuli.xyz 22 hours ago
In other countries, you pay taxes if you actually live there. If I move to Spain and live there for enough days per year, my taxes go to Spain, not Estonia.
The US system I believe means you get double taxed if you live and work elsewhere, although I’m not 100% sure.
mcv@lemmy.zip 11 hours ago
I think you can usually deduct the taxes you pay elsewhere, but you will still have to file your taxes, which is apparently a rather painful process in the US.
El_guapazo@lemmy.world 19 hours ago
I got it as a baby with no money
T156@lemmy.world 9 hours ago
You wouldn’t download a citizenship
Glytch@lemmy.world 20 hours ago
Off topic but I hate that that phrase is backwards. If you have a cake you can eat that cake or you’re in the process of eating it (“having cake”). If you eat a cake you can’t then have it other than having it in your belly.
I know I’m being pedantic and off topic, but you’re getting downvote to hell so what’s it matter?
myplacedk@lemmy.world 6 hours ago
It’s it “having” as in owning it? “I have a cake”.
You can’t eat a cake, and then still have it.
Thedogdrinkscoffee@lemmy.ca 1 day ago
But not to tax the rich or corporations at all.
FosterMolasses@leminal.space 4 hours ago
Exactly, how about the president pay taxes first lmao
Wish the American populace were brave enough to dump their tea in the harbor like before
PlutoniumAcid@lemmy.world 22 hours ago
They can do anything they want. That is just something they don’t want to do. Again, 🤮