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News:News Commentary
What US Citizenship Taxation Really Is - The Republicans Overseas Proposal To End It
September 4, 2024 - Participants include:
John Alan Reese - @JohnAlanPod
Anthony Parent - @IRS_Medic
Keith Redmond - @Keith__Redmond
John Richardson - @ExpatriationLaw
On September 4, 2024 John Alan Reese interviewed Keith, Anthony and John (regular participants in the IRS Medic podcast).
I recommend the complete podcast which is available here:
https://www.youtube.com/watch?v=5AEpiebGj3k
This podcast is an excerpt where I discuss the true nature of citizenship taxation. A possible supporter of citizenship taxation is somebody who is aware of citizenship taxation. An opponent of citizenship taxation is somebody who understand what it really is.
I also introduce the Republicans Overseas proposal to end citizenship taxation by severing citizenship from tax residency.
Here is a shareable link to this clip:
https://www.listennotes.com/podcast-clips/proof-that-americans-who-live-abroad-are-nmF0rLzkePb/
AI description:
"This episode delves into the fundamental problem of U.S. citizenship taxation, arguing that the issue is not merely the way Americans abroad are taxed, but the fact that they are subject to U.S. taxation at all. We explore the implications of the U.S. imposing its tax code on citizens who do not reside in the country and whose income is not sourced from the United States.
Our discussion highlights the emotional and financial toll this policy takes on expatriates, and how it effectively results in the U.S. "stealing" from other countries. We also examine the Republicans' overseas proposal, which aims to end the use of U.S. citizenship as a criterion for taxation, aligning U.S. policy with that of other nations."
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