@NicklesLee@Keith__REDMOND@ImpotsService@ExpatriationLaw@IRS_MEDIC This is very true. Ask any high-wealth advisor. They will find you a FATCA-compliant IRA-type account to hide your money from your resident country. They will never find it when you fall under FATCA and not CRS. Just need around $500K+ cash.
@ExpatriationLaw@DoubleTaxation@CitizenshipTax My take? One of the things that I hear from MAGA supporters is that Dems do not listen. They get caught up in their rhetoric and block everything else out. This is a good example. They should be winning this election with no contest. They need to learn how to listen.
@DeanBaker13 You obviously know about this topic. How many US billionaires live abroad? ZERO. This is about a woman in Brussels who pays 38% to the US on her Belgian welfare because it is called Passive Foreign Income - while still paying Belgian taxes.
@jdcmedlock Why would a rich person leave the US with the US Tax code the way it is? What? Go to Sweden? There are ZERO US billionaires outside the US.
@md_wallach @jdcmedlock That is not true. In many countries, you cannot save for retirement. You do not have access to save money. Even employer payroll companies are getting caught up in the mess. You need to be super rich to afford to deal with 2x tax codes and a tax treaty.
@DemsAbroad@IAmPoliticsGirl I was happy to see Kamala as the nominee. I am very troubled about the continued ignoring of our issues abroad from @demsabroad and @TheDemocrats@KamalaHarris . Trump has now come out with a statement on supporting. You ignore us. DO SOMETHING.
@hakeemjeffries You guys are blowing it. Even when I speak to Trump supporters back home, they say that the Dems just don't listen. We are not in anyone's calculus to swing the election. This Trump announcement may just swing it the other way.
@DemsAbroad@hakeemjeffries UPDATE: Now Trump has put out a statement. For many, this is going to be a statement that Trump is listening to their problems. All the efforts of @DemsAbroad go down the tubes over this one topic. WAKE UP!
@elonmusk Elan. Can you explain why I have a bunch of right-wing fanatics in my Twitter feed? I did not follow them. Can you also explain why you are squelching free speech?
@charliespiering More worried about Elan Musk buying out a media outlet to squelch out those who disagree with him. If you have more money, you have more free speech?