Then there would be no rational reason not to renounce one's US citizenship... unless a substantial part of your income still comes from the US, regardless of your mailing address.
The US taxes income earned "outside" the US because, at those levels, most of their income is still from the US, as is the case with this story.
You dont understand. You do file and pay taxes on income you earn abroad, even through you dont reside in the US. The deductions as you said are higher $90K, plus usual deductions, and tax paid in the other country is also a deduction. You do pay tax on the reminder.
"Travel" =/= "reside." Lacking a US passport means having to ask permission to enter. You'll need to obtain a visa, your rights to buy and own property will be limited, and the only work you'll find is in the parking lot of a Home Depot.
My mistake, but getting a green card would not be problem at, if you are willing to invest half a million in the US. Any source I read refers to problems getting a citizenship, and nothing about any immigrant or non-immigrant visas.
Say you make somewhere in millions, and for some reason you have to be in Canada to keep making this money.
And let us further suppose that all those loonies are delivered to you on the wings of faeries. Meanwhile, Neil Young (OC) will sneak across the border illegally to make his money and buy his California home.
By just about any measure, the US market is about ten times the size as Canada's. Meanwhile, states like Arizona and Florida are awash in Canadian retirees looking to avoid Canadian taxes.
I am not sure I understand this part. I was supposing that one gets an emplyment offer in a first world country that pays in millions. He(/she) moves there and in a few years become a citizen. Why would he want to pay taxes to both the US and the country he resides in, for the income he make in that country. I dont think any one would want to, and every person in this situation will renounce American citizenship.
In my case, I would need to be pulling in well over 200K after foreign taxes per year to owe the IRS. Most normal Americans who work in foreign countries probably won't owe the IRS any taxes.
That doesnt make it ok. American citizens, who live in another country, should not owe any tax at all, irrespective of if they make millions or thousands.
Another thing to consider, is if you renounce your citizenship it will not be possible to return to live in the U.S
That is a myth. I have seen people travel to the US, as soon as the renounced their American citizenship and they had no problem at all. I never knew they would have problems getting back their citizenship if they wanted to, but they definetly do travel to the US (how else can they meet their relatives and friends).
Most countries that do respect individual property rights, e.g. western Europe, Australia, Canada, etc. have equivalent or higher tax rates than the U.S.
Say you make somewhere in millions, and for some reason you have to be in Canada to keep making this money. Would you want to pay both the Candian Govt and the US Govt, or would you just renounce your US citizenship? Candian citizenship is not bad atall compared to the US, and they do respect your property rights. I would be surprised if US ever had to rescue Canada.
If you live in another country, work there, and pay taxes there, you are fine. The US is a-ok with that, they don't want a cut.
You are mistaken. US in one of the few countries, that taxes income earned in other countries. They dont care if you have paid tax in the country you had earned it, they need their cut. This is one of the reason US citizenship is not that popular.
Interesting, there is a clause that specifically states that you may denied citizenship if you had renounced it earlier for the tax saving purpose. Never knew renouncing citizenship is so complicated.
I am not sure why you guys refer to it as difficult. You can get a Green Card if you willing to invest half a million in the US (which is pennies for this guy). If you stay in the US for 4 years out of the last 5 years as permanent resident, you can get a citizenship. In fact if you have half a million, US is one of the easiest places to obtain citizenship.
This is not just another encryption scheme. What it is, is an encrypted stream, that cannot be intercepted without the knowledge of both sender and receiver. It is theoretically impossible for this to broken.
I guess it depends on your location. But people who want to work during their commute, can choose a location that is not too far by public transport and a bicycle ride. Many transit agencies have bike racks, and allow a limited number of bikes on board. I personally, find the bicycle ride just enough to warm up for the day, and enjoy the train commute. Its mostly for emails, but I do get a decent amount of work done. For snow/rain forecast, I use my bad weather bike (it does not snow in North California, so I have not tested it, but should not have problem in moderate snow). On other days, I use a road bike. I always carry rain gear, and one additional layer, that helps with rain and cold.
I am afraid a human (even a seemingly confident one) would choose neither, will panic, and the result will pretty much be a throw of a dice. And why does it matter if the computer chooses hay bales or concrete pillar? I would be happy if it choose either and brought me to a safe stop (assuming something else extraordinary has happened, and it is not a daily thing).
The Govt, and inturn your taxes? Creating, updating, and maintaining text books does not cost as much as the publishers want you to believe. A small organization, that can be tasked to receive feedback from teachers and parents, and can update textbooks is pretty good. Hell, make it a prestigious organization, run by top teachers (not administrators, the ones that actually teach), and offer special perks to these members, and you dont even spend much on it.
If you dont really need a firewall, and are looking to just block 3g/wifi on a per-app basis, you should try LBE Privacy Guard. It allows you set pretty much every permission on a per-app basis (3g, wifi, location, contacts, call information etc).
The citation on the wikipedia article seems to dead. I tried reading more about preproduction cars and none of them seem to talk about Joe Dane being able to buy/borrow one. Take the how stuff works article It talks only about testing, in secrecy, in extreme locations. Nothing else. Is there a different source that talks about these. I am genuinely curious.
You do realize you agreed to have your car used as collateral, and as far as I know, students do not agree to have their degree used as collateral. If it becomes the standard in the future, it should be interested, and at any point in the future you could submit your degree as collateral, and borrow money equivalent to the amount you paid for the degree. It could even have deprecation.
You cant be serious. The only reason I dont drive is because I hate driving, especially commuter hour traffic. I consider driving to be one of the most mundane tasks a human has to perform (Ironing clothes comes a close second). In a driverless car, I can read the morning news, while I commute. At somepoint, it would become really reliable, that the car would drive on its own anywhere. It would take children to school on its own, come back pick up my wife and get her to work, come back and pick me up for work. Again if any one in my family needs a car, they just have to ask, it can drive itself. And think of the taxis, pooled community cars.
I believe at some point change the infrastructure would be more efficient, but it is not required (atleast in Google's design). And to answer your question, it will do what a human does. Find a safe place to stop and stop. Ask you for instructions, or information.
I hate these practices too. But google is hardly alone on this. Pretty much every software I have used has a disclaimer that say, there is no guarantee that the software will work and they are not liable for any damages.
I hope the FTC takes interest and clamps down hard on such practices.
I see you are still singling out Google. You just confirmed that you are a shill.
Fortunately beta car are not allowed on roads, or else every car manufacturer would claim their car is a beta version and get away with it. Go shill elsewhere.
It *would* be a good idea assuming that the cost of a computer with Win8 without DVD playback actually cost less. But I think the chances of that are very slim. So while MS theoretically is doing a good thing here by allowing those who don't need DVD playback to pay less, the reality is that someone (MS, PC manufacturer, retailer,...) will suck up that little bit of potential savings and consumers will end up paying more to get DVD playback rather than less to not have it.
I doubt that the customer will pay more. PowerDVD pays retailers to install their software on all laptops. I doubt this would change in Win8.
What will happen is, there will not be single software that can assumed to available if Windows is installed. This would make support (for grandmas, etc) difficult.
Even post IPO, he would control more than 50% of the voting rights. I would expect him to be the CEO, practically for ever (even if he runs Facebook to ground).
You have to jailbreak your phone to use Cydia. I am wary of opening up the root privilege to any app that requests it. I dont know, may be I am old school.
I agree with you on all your points. But apple should not be limiting users to their own app store. They should allow users to apt for other app stores if they wanted to. In the current situation, they have no competition for the app market. They can pretty much take decisions on a whim.
I thought my 9/11 comment would make it clear, that I was only commenting on the perception of the masses. I am all for nuclear power, in fact (just like I am all for abolishment of the millimeter scanner and the TSA).
The point I made still stands though. The number of deaths in the 5 mile radius of a coal power plant would be less than your 50 Chernobyl deaths. The point is the local populus is more likely to be affected by a disaster in a nuclear plant than a coal power plant. Unless this can be changed, it will face opposition from NIMBY groups worldwide.
Now redo the chart for deaths in the 5 mile radius around the power plant, and you will have your answer. Nuclear deaths are usually in the vicinity of the plant, and happen in bunches. Its like 9/11 and people are willing to accept an increase in the chances of cancer to avoid another 9/11.
Slashdot Mirror
Then there would be no rational reason not to renounce one's US citizenship... unless a substantial part of your income still comes from the US, regardless of your mailing address.
The US taxes income earned "outside" the US because, at those levels, most of their income is still from the US, as is the case with this story.
You dont understand. You do file and pay taxes on income you earn abroad, even through you dont reside in the US. The deductions as you said are higher $90K, plus usual deductions, and tax paid in the other country is also a deduction. You do pay tax on the reminder.
"Travel" =/= "reside." Lacking a US passport means having to ask permission to enter. You'll need to obtain a visa, your rights to buy and own property will be limited, and the only work you'll find is in the parking lot of a Home Depot.
My mistake, but getting a green card would not be problem at, if you are willing to invest half a million in the US. Any source I read refers to problems getting a citizenship, and nothing about any immigrant or non-immigrant visas.
Say you make somewhere in millions, and for some reason you have to be in Canada to keep making this money.
And let us further suppose that all those loonies are delivered to you on the wings of faeries. Meanwhile, Neil Young (OC) will sneak across the border illegally to make his money and buy his California home.
By just about any measure, the US market is about ten times the size as Canada's. Meanwhile, states like Arizona and Florida are awash in Canadian retirees looking to avoid Canadian taxes.
I am not sure I understand this part. I was supposing that one gets an emplyment offer in a first world country that pays in millions. He(/she) moves there and in a few years become a citizen. Why would he want to pay taxes to both the US and the country he resides in, for the income he make in that country. I dont think any one would want to, and every person in this situation will renounce American citizenship.
In my case, I would need to be pulling in well over 200K after foreign taxes per year to owe the IRS. Most normal Americans who work in foreign countries probably won't owe the IRS any taxes.
That doesnt make it ok. American citizens, who live in another country, should not owe any tax at all, irrespective of if they make millions or thousands.
Another thing to consider, is if you renounce your citizenship it will not be possible to return to live in the U.S
That is a myth. I have seen people travel to the US, as soon as the renounced their American citizenship and they had no problem at all. I never knew they would have problems getting back their citizenship if they wanted to, but they definetly do travel to the US (how else can they meet their relatives and friends).
Most countries that do respect individual property rights, e.g. western Europe, Australia, Canada, etc. have equivalent or higher tax rates than the U.S.
Say you make somewhere in millions, and for some reason you have to be in Canada to keep making this money. Would you want to pay both the Candian Govt and the US Govt, or would you just renounce your US citizenship? Candian citizenship is not bad atall compared to the US, and they do respect your property rights. I would be surprised if US ever had to rescue Canada.
If you live in another country, work there, and pay taxes there, you are fine. The US is a-ok with that, they don't want a cut.
You are mistaken. US in one of the few countries, that taxes income earned in other countries. They dont care if you have paid tax in the country you had earned it, they need their cut. This is one of the reason US citizenship is not that popular.
Interesting, there is a clause that specifically states that you may denied citizenship if you had renounced it earlier for the tax saving purpose. Never knew renouncing citizenship is so complicated.
I am not sure why you guys refer to it as difficult. You can get a Green Card if you willing to invest half a million in the US (which is pennies for this guy). If you stay in the US for 4 years out of the last 5 years as permanent resident, you can get a citizenship. In fact if you have half a million, US is one of the easiest places to obtain citizenship.
This is not just another encryption scheme. What it is, is an encrypted stream, that cannot be intercepted without the knowledge of both sender and receiver. It is theoretically impossible for this to broken.
I guess it depends on your location. But people who want to work during their commute, can choose a location that is not too far by public transport and a bicycle ride. Many transit agencies have bike racks, and allow a limited number of bikes on board. I personally, find the bicycle ride just enough to warm up for the day, and enjoy the train commute. Its mostly for emails, but I do get a decent amount of work done. For snow/rain forecast, I use my bad weather bike (it does not snow in North California, so I have not tested it, but should not have problem in moderate snow). On other days, I use a road bike. I always carry rain gear, and one additional layer, that helps with rain and cold.
I am afraid a human (even a seemingly confident one) would choose neither, will panic, and the result will pretty much be a throw of a dice. And why does it matter if the computer chooses hay bales or concrete pillar? I would be happy if it choose either and brought me to a safe stop (assuming something else extraordinary has happened, and it is not a daily thing).
You can bicycle to the bus stop? I assume you are not too far from one, and live in an urban environment.
The Govt, and inturn your taxes? Creating, updating, and maintaining text books does not cost as much as the publishers want you to believe. A small organization, that can be tasked to receive feedback from teachers and parents, and can update textbooks is pretty good. Hell, make it a prestigious organization, run by top teachers (not administrators, the ones that actually teach), and offer special perks to these members, and you dont even spend much on it.
If you dont really need a firewall, and are looking to just block 3g/wifi on a per-app basis, you should try LBE Privacy Guard. It allows you set pretty much every permission on a per-app basis (3g, wifi, location, contacts, call information etc).
Ding ding, we have a winner! Works for all religions.
The citation on the wikipedia article seems to dead. I tried reading more about preproduction cars and none of them seem to talk about Joe Dane being able to buy/borrow one. Take the how stuff works article It talks only about testing, in secrecy, in extreme locations. Nothing else. Is there a different source that talks about these. I am genuinely curious.
They are alpha versions, not beta.
You do realize you agreed to have your car used as collateral, and as far as I know, students do not agree to have their degree used as collateral. If it becomes the standard in the future, it should be interested, and at any point in the future you could submit your degree as collateral, and borrow money equivalent to the amount you paid for the degree. It could even have deprecation.
You cant be serious. The only reason I dont drive is because I hate driving, especially commuter hour traffic. I consider driving to be one of the most mundane tasks a human has to perform (Ironing clothes comes a close second). In a driverless car, I can read the morning news, while I commute. At somepoint, it would become really reliable, that the car would drive on its own anywhere. It would take children to school on its own, come back pick up my wife and get her to work, come back and pick me up for work. Again if any one in my family needs a car, they just have to ask, it can drive itself. And think of the taxis, pooled community cars.
I believe at some point change the infrastructure would be more efficient, but it is not required (atleast in Google's design). And to answer your question, it will do what a human does. Find a safe place to stop and stop. Ask you for instructions, or information.
I hate these practices too. But google is hardly alone on this. Pretty much every software I have used has a disclaimer that say, there is no guarantee that the software will work and they are not liable for any damages.
I hope the FTC takes interest and clamps down hard on such practices.
I see you are still singling out Google. You just confirmed that you are a shill.
Fortunately beta car are not allowed on roads, or else every car manufacturer would claim their car is a beta version and get away with it. Go shill elsewhere.
It *would* be a good idea assuming that the cost of a computer with Win8 without DVD playback actually cost less. But I think the chances of that are very slim. So while MS theoretically is doing a good thing here by allowing those who don't need DVD playback to pay less, the reality is that someone (MS, PC manufacturer, retailer, ...) will suck up that little bit of potential savings and consumers will end up paying more to get DVD playback rather than less to not have it.
I doubt that the customer will pay more. PowerDVD pays retailers to install their software on all laptops. I doubt this would change in Win8.
What will happen is, there will not be single software that can assumed to available if Windows is installed. This would make support (for grandmas, etc) difficult.
liar CEO
Isnt that an oxymoron?
Even post IPO, he would control more than 50% of the voting rights. I would expect him to be the CEO, practically for ever (even if he runs Facebook to ground).
You have to jailbreak your phone to use Cydia. I am wary of opening up the root privilege to any app that requests it. I dont know, may be I am old school.
I agree with you on all your points. But apple should not be limiting users to their own app store. They should allow users to apt for other app stores if they wanted to. In the current situation, they have no competition for the app market. They can pretty much take decisions on a whim.
I thought my 9/11 comment would make it clear, that I was only commenting on the perception of the masses. I am all for nuclear power, in fact (just like I am all for abolishment of the millimeter scanner and the TSA).
The point I made still stands though. The number of deaths in the 5 mile radius of a coal power plant would be less than your 50 Chernobyl deaths. The point is the local populus is more likely to be affected by a disaster in a nuclear plant than a coal power plant. Unless this can be changed, it will face opposition from NIMBY groups worldwide.
Note, especially, the human death rate per Terrawatt-hour of energy produced here: http://www-958.ibm.com/software/data/cognos/manyeyes/visualizations/deaths-per-twh-by-energy-sources and look at the bottom of the graph on the right (consistent with http://nextbigfuture.com/2011/03/deaths-per-twh-by-energy-source.html which has discussion attached to the numbers).
Now redo the chart for deaths in the 5 mile radius around the power plant, and you will have your answer. Nuclear deaths are usually in the vicinity of the plant, and happen in bunches. Its like 9/11 and people are willing to accept an increase in the chances of cancer to avoid another 9/11.