brent

[brent @vanderbrook]

I ❤️ this reply to me. The very best of X.

[brent @vanderbrook]

You should not support this bill. The issue of how unfair the US tax system is to its citizens who reside outside the US has been studied ENOUGH!

This bill could have been relevant 15 years ago when Washington was less aware, but it’s just a waste of time today.

Supporting this bill gives the illusion Congress is addressing the problem whilst, in fact, all it does is kick the can down the road.

There is only one solution: change to residency based taxation.
@ExpatriationLaw

[brent @vanderbrook]

The debt will inflate away as long as the state stops spending recklessly.

But here’s what the UK should do: borrow more. But to invest in infrastructure, power, etc. This still puts fiscal spending into the economy but for the creation of productive assets.

At the same time, the UK must reduce taxes and regulations.

This is the way.

[brent @vanderbrook]

Since you are keen on eliminating stupid laws, how about co-sponsoring a bill to end taxation based on citizenship? @RepMGP @RepLaHood

[Rep. Marie Gluesenkamp Perez @RepMGP]

My bill to legalize peeling bananas has passed the house! current law made it functionally impossible to peel a banana at many daycares but seamless to open a bag of chips-my bill creates a separate class for healthy low risk foods like peeled fruit and veggies and ensures day cares aren’t punished for serving them - when laws are centered on listening to people who are most impacted by them (kids, parents and daycare workers-rather than lawyers and big corporations) we get better policy!

[brent @vanderbrook]

@taxgirl @tx_cole Few people will be traveling to the US for the World Cup… so I don’t think this will be an issue!

[brent @vanderbrook]

But Americans are happy to tax its citizens who don’t live there!

[Derek Thompson @DKThomp]

The emerging American tax logic right now is something like:

- we can’t tax the poor because they’re poor
- we can’t tax the working class because they work
- we can’t tax tips bc that’s just unfair
- we can’t tax businesses because they create work
- we can’t tax property bc homeowners have it hard enough
- we can’t tax billionaires because their contributions are so precious and also they might move or get mad or give your primary opponent $10m
- and we can’t tax pensioners because they’ve “earned it.”

It’s like the accommodative parenting style of politics. Every group is so very special it needs a tax jubilee.

I guess that leaves … tariffs?

[brent @vanderbrook]

@JasonSc72779650 @unusual_whales Fed govt imposes an exit tax when you give up US citizenship @ExpatriationLaw

[brent @vanderbrook]

@ExpatriationLaw @aaro I’m happy to change to RBT in exchange for RBV (residency based voting).

[brent @vanderbrook]

@VqltUK Call your member of Parliament and voice your opposition.

[brent @vanderbrook]

@Just_AnS_ @L0laL33tz Yes, of course we can. We can make totally anonymous age verification technology. The current providers don’t do it because they don’t want to make it truly anonymous.

[brent @vanderbrook]

@ParvizMalakouti @HannahDCox @LP_CLC A Constitutional amendment guaranteeing the freedom to transact would also be top of the list. Private property rights require the freedom to transact. But the ability to do so is under threat in the digital age.

[brent @vanderbrook]

@AnnieWellsMSP Any drop off fee is “steep”. The entire concept is abhorrent.

[brent @vanderbrook]

@ExpatriationLaw @CitizenshipTax Certainly not if @davidmcw predictions on that podcast come true!

[brent @vanderbrook]

How long will FATCA survive in this new world? @ExpatriationLaw

[David McWilliams @davidmcw]

Podcast time:

The World After Davos!

Despite Trump's last minute "deal" theatrics, the world is now changed. W hy the US/EU partnership will not recover, the implications for economics, diplomacy, borders and markets.

https://t.co/0UJmaqlSTr

[brent @vanderbrook]

Although the blame certainly is on Trump, @BarackObama’s pivot to Asia did not help matters. His administration was not interested in Europe, and in many ways, it was the beginning of the end of Trasatlanticism. After the disaster of the Iraq war years, Europeans looked to Obama for a reset, but he wasn’t too interested.

It’s too bad different choices were not made over the last 26 years. A strong European-American partnership certainly would have been a preferable result in my view.

[brent @vanderbrook]

@ExpatriationLaw Good luck getting a visa!

[brent @vanderbrook]

When is @theallinpod going to discover citizenship based tax?

There’s nowhere @friedberg can move to escape what he fears is coming so long as the US continues to impose its tax based on citizenship vs taxing based on residency. I strongly encourage @chamath, @Jason and @DavidSacks to get involved with the cause to end citizenship based taxation and hold President Trump to his campaign promise to end double taxation.

[The All-In Podcast @theallinpod]

🚨 POD UP!

-- Iran's Breaking Point

-- Trump's Greenland Acquisition

-- Solving Energy Prices

-- Billionaire Tax Backlash

(0:00) Bestie intros!

(4:18) Iran's breaking point: regime change coming?

(14:28) Solving energy prices: Microsoft is first hyperscaler to "pay its own way" and subsidize residential electric costs

(31:18) OpenAI's compute deal with Cerebras, the renaissance in decode silicon

(35:09) Billionaire backlash in California: Wealth Tax exodus

(56:13) Greenland acquisition: Why it's crucial

[brent @vanderbrook]

The UK did itself no favours post Brexit by creating a mini-Brussels like regulatory state. The high regulation mentality is the same on either side of the Channel.

The solutions for Europe are simple: focus on energy (cheaper and more abundant) and sensible/streamlined regulations in general. Europe is still a most desirable place to live.

[brent @vanderbrook]

@DanielPriestley No mention of reinvigorating entrepreneurs relief.

[brent @vanderbrook]

@thealepalombo You should also consider the inheritance and gift taxes.

[brent @vanderbrook]

@FraserNelson I don’t even understand how this country functions. The salaries are so pitifully low… and yet the prices are not correspondingly low.

These salaries are a national embarrassment.