• BlackLaZoR
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    101 month ago

    Because as long as you’re US citizen, they will persecute you for every penny of income tax even if you work abroad.

    • @[email protected]
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      1 month ago

      Its not every penny. Its excess of $100,000 per year last time I checked. See rules for “Foreign Income Exclusion”

      But thats just income. Capital gains limits are much lower.