|
|
|
|
|
by rogerbinns
3640 days ago
|
|
Amusing rant. Incidentally the personal attacks are highly amusing because I AM NOT AN AMERICAN. As for the last paragraph, I am subject to FBAR & FATCA. The burden of them falls disproportionately on those who are not egregious tax evaders. It is extremely expensive and time consuming complying with them when you are doing the right thing. The evaders can afford to hide what they should be declaring by virtue of having more money, and having more to gain. Plus they have more loopholes and other ways of obscuring their money thanks to the same legislatures. There are many ways things could fairer. For example these little people who are spending lots of time and money on filings could have their costs reimbursed. If living in a country with a mutual tax treaty then the exemption limit could be raised (currently $10k across all accounts). Or perhaps fairest of all is requiring all US tax payers to do the same thing - list all their accounts and all balances everywhere including domestic. |
|