On behalf of JC and Shadow Raider, I post the following: Though a link to this is on the recent House Ways & Means feature, it is at the bottom of that post with a single line reference. JC says… It is unrelated and deserving of its own post. I have provided some text below that
Shadow Raider makes some thoughtful and thought-provoking comments on my post and the ensuing conversation: I’d like to make some constructive criticism for all sides: 1. Many commenters on this website seem to assume that US residents are patriotic “homelanders” who support CBT. I live in the US and I can tell you that this
UPDATE: JUNE 14, 2015 from JakDak: http://blogs.rollcall.com/topic-a-tax-finance/tax-reform-moves-to-back-burner-but-debate-remains-active/ The Senate Finance Committee chairman, Senator Orrin Hatch (R-UT), has established working groups to study different aspects of the tax system. These working groups are scheduled to report back to the committee by June 26. http://www.mwcllc.com/updates/articles/2015/6/tax-policy-update-june-9-2015.aspx#Comprehensive_Tax_Reform Tax Policy Update June 09, 2015 [Interesting: NUMBER OF THE WEEK: 61.
UPDATE: December 23, 2014 Stephen Kish says: The Republicans may or may not introduce legislation to kill citizenship-based taxation during the next two years. Even if introduced, it is uncertain whether such legislation will be successfully passed into law. An alternative approach is litigation. However, a lot of money will be required to sue in
Shadow Raider made the following comment: Due to the extreme difficulty in having a decent discussion about CBT with Congress, I decided to start a plan B. I’m not abandoning the RBT proposal, but I see that it’s going to take a long time, so I came up with an alternative that may work in
Shadow Raider says May 9, 2013 at 7:11 pm YES! YES! IT WORKED!!! The Senate Finance Committee had its meeting on international competitiveness today (instead of May 23 as scheduled), and it included notes about individuals! It’s considering the proposal in Bernard Schneider’s paper! Excerpts from the meeting notes (my comments in bold): “The United
The following was submitted in the form of a comment: I’d like to have some opinions about the bill that I’m writing to replace citizenship with residence-based taxation. Maybe someone could move this to a different page if it gets too long. By the way, I’m about one third of the way through with the
The Quarterly Publication of Individuals Who Have Chosen to Expatriate for Q1 2017 has just been placed on public inspection for printing in Wednesday’s Federal Register, ten days later than required by law. This quarter’s list contains 1,313 “published expatriates”, in contrast to the FBI’s NICS gun control database which counted 1,484 renunciants for the
On Thursday, the IRS released their “Dirty Dozen Tax Scams” for 2017, among which they listed “unreported offshore accounts”. They go into more detail in IR-2017-35: Since the first Offshore Voluntary Disclosure Program (OVDP) opened in 2009, there have been more than 55,800 disclosures and the IRS has collected more than $9.9 billion from this
Barbara posted the following, which she found posted by Heitor David Pinto on the American Expats FB site, as a comment on the general Lobby the New US Government thread. I’m creating a new post for this as it’s particularly important to contact the House Ways and Means Committee right away! “Congressman George Holding (R-NC13),
