Sure, that’s completely true but unrelated to what you said in your original comment. I quote:
Why would anyone with that much money want to come here permanently
You were not talking about non-resident citizens, so stop moving the goalposts.
Plus, the US has one of the lowest tax rates of any of those “large countries” you talked about. So unless a US citizen resided in a country without a tax treaty with the US (there’s not many of them), they’re almost certainly being charged enough tax in their resident country that they pay $0 to the IRS on non-USA income.
That’s untrue. As a Canadian, I know we do, and I believe we’re far from alone. I don’t know why people keep perpetuating this myth.
Canada will not tax you if you are a citizen, but no longer reside in Canada. the US will.
Source: https://en.m.wikipedia.org/wiki/International_taxation
Look at the map. Very few countries tax all citizens regardless of their residency in their worldwide income like the US does
Sure, that’s completely true but unrelated to what you said in your original comment. I quote:
You were not talking about non-resident citizens, so stop moving the goalposts.
Plus, the US has one of the lowest tax rates of any of those “large countries” you talked about. So unless a US citizen resided in a country without a tax treaty with the US (there’s not many of them), they’re almost certainly being charged enough tax in their resident country that they pay $0 to the IRS on non-USA income.
I was talking about non-residents, that’s why I edited the comment. Resident non-citizens presumably have jobs here, and are already paying tax.
Being born here is increasingly an albatross to bear your entire life.
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