Why US Citizenship Tax And FATCA Hurt Resident Americans (Even Though They Don’t Know It)

October 7, 2022 - Participants include:

Greg Swanson - @IntlOwl

John Richardson - @Expatriationlaw

My discussion continues with Greg Swanson who is a U.S. citizen living in Switzerland. In our July 14, 2022 where Greg explained why:

 

The U.S. Tax System Has Turned US Citizenship Into A Global Disability

 

In that first podcast, Greg asked an important question for the 21st Century:

Why should a U.S. citizen living outside the United States, not have the same opportunities in life as his neighbour - a German citizen - living outside of Germany?

In this podcast Greg explains how and why the US extra-territorial tax regime hurts ALL Americans regardless of where they live. Therefore, citizenship and FATCA hurt America!

Greg has written some great articles which are available on Medium.