Comment by duped

Comment by duped 2 days ago

0 replies

> If a house and 401k also counted towards net worth, it could impact quite a few Americans

I have no sympathy for people who want to dodge taxes being forced to pay a tax on income that the government has deferred taxes on while they were a citizen making taxable income in the US, and presumably if you're abandoning your citizenship you're not keeping your home and would have already paid sales and capital gains taxes on it when you sold it.