posted by
Fnord666
on Sunday July 16 2017, @02:25AM
from the all-your-face-are-belong-to-us dept.
An Anonymous Coward writes:
"Congress allowed the government to scan faces of foreign nationals to keep track of visa overstays. But now that's set to be extendedto Americansworrying some privacy advocates."
(Score: 0) by Anonymous Coward on Sunday July 16 2017, @03:29AM
(1 child)
by Anonymous Coward
on Sunday July 16 2017, @03:29AM (#539774)
Costs for renunciation are over 3k now, possibly up to 5k. As to taxes: You're supposed to be keeping them for 7 years IN the US, so if you are kosher 5 years is nothing.
And yes the questionable policy decisions are making it harder and harder to morally justify remaining in America. Most people just lack the brains, breadth of tech knowledge, and knowledge of history to understand the full ramifications of what is happening, both in the US and in other 'free' countries around the world.
The situation is not going to be fixed since the populace either supports or doesn't care enough to protest, which means the only options remaining are outside of the respective countries immediate sphere of influence. Foreign influence may still find you dealing with objectionable actions, outside of their legal boundaries you can DO something about it, if the need arises and for better or worse consequences whether economic or militarily.
Considering salary for qualified positions and business opportunities vs IRS stomping, housing and pay it all healthcare etc. Is it still a profitable deal?
Depending on how wealthy you are, the fees may be trivial in comparison to the tax (section 877A), which also applies to Green Card holders who leave the USA.
Correct. But they are substantial especially for the middle class. And you may have to pay a lawyer familiar with local tax laws + US tax laws. And.. pay at least 5 years of "proper" taxes.
(Score: 5, Informative) by kaszz on Sunday July 16 2017, @03:14AM (5 children)
There are scanless ways out if you just think about it.
However renunciation is not free:
1776: Free (1)
2010: 450 US$ (1)
2014: 2350 US$ (2)(3)(4)(5)
And to leave leave America, you generally must prove 5 years of U.S. tax compliance. (3)
(1) https://www.npr.org/templates/story/story.php?storyId=128414887 [npr.org]
(2) https://www.state.gov/r/pa/prs/ps/2014/231128.htm [state.gov]
(3) https://www.forbes.com/sites/robertwood/2014/08/28/u-s-hikes-fee-to-renounce-citizenship-by-422/ [forbes.com]
(4) https://news.yahoo.com/renouncing-u-s--citizenship-is-about-to-get-a-lot-more-expensive-150405883.html [yahoo.com]
(5) https://www.federalregister.gov/articles/2014/08/28/2014-20516/schedule-of-fees-for-consular-services-department-of-state-and-overseas-embassies-and#p-amd-2 [federalregister.gov]
This more and more is taking on the shapes of some combined pre-WWII Germany + USSR. Which also had the policy of deep exit tax and exit like visas.
(Score: 0) by Anonymous Coward on Sunday July 16 2017, @03:29AM (1 child)
Costs for renunciation are over 3k now, possibly up to 5k. As to taxes: You're supposed to be keeping them for 7 years IN the US, so if you are kosher 5 years is nothing.
And yes the questionable policy decisions are making it harder and harder to morally justify remaining in America. Most people just lack the brains, breadth of tech knowledge, and knowledge of history to understand the full ramifications of what is happening, both in the US and in other 'free' countries around the world.
The situation is not going to be fixed since the populace either supports or doesn't care enough to protest, which means the only options remaining are outside of the respective countries immediate sphere of influence. Foreign influence may still find you dealing with objectionable actions, outside of their legal boundaries you can DO something about it, if the need arises and for better or worse consequences whether economic or militarily.
(Score: 2) by kaszz on Thursday July 20 2017, @01:26AM
Considering salary for qualified positions and business opportunities vs IRS stomping, housing and pay it all healthcare etc. Is it still a profitable deal?
(Score: 4, Insightful) by Anonymous Coward on Sunday July 16 2017, @03:51AM
"It is difficult to free fools from the chains they revere." - Voltaire
(Score: 2) by Whoever on Sunday July 16 2017, @04:40AM (1 child)
Depending on how wealthy you are, the fees may be trivial in comparison to the tax (section 877A), which also applies to Green Card holders who leave the USA.
(Score: 2) by kaszz on Sunday July 16 2017, @09:08AM
Correct. But they are substantial especially for the middle class. And you may have to pay a lawyer familiar with local tax laws + US tax laws. And.. pay at least 5 years of "proper" taxes.