Monday, January 7, 2013

White House Petition to Enact Residence-Based Taxation

Photo courtesy Matt Wade photography
For those of you who are aware of the issue, there's a petition to change the US federal income tax from a citizen-based tax system to a residence-based tax system like the rest of the world. Please sign this petition. I doubt it will do much good as there aren't many in the US government who seem to give a damn about expats, but we have to try.
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6 comments:

  1. RaulJanuary 7, 2013 at 4:59 PM

    I signed and sent the link around to family and friends. Hopefully we can get some attention to this. Did you post it to the IWO reddit?

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  2. AnonymousJanuary 7, 2013 at 9:34 PM

    I already renounced so I can't sign it. Yet, hopefully enough people will sign it to give Americans abroad some hope that the situation will improve.

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  3. KatieJanuary 8, 2013 at 1:26 AM

    Good thoughts to get this done!!

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  4. greenlanderJanuary 9, 2013 at 11:29 AM

    It looks pretty unlikely that this is going to get enough signatures.

    There is always the backup option of just buying the St. Kitts passport and renouncing...

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  5. AnonymousJanuary 12, 2013 at 2:12 AM

    Most countries embrace their citizens who live and work abroad. The United States punishes them with double-taxation, complicated form filing and heavy penalties.

    What services do Americans abroad receive in return? Nothing!

    Citizenship-based taxation is evil and must be brought to an end.

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