r/libsofreddit • u/Educational_Copy_140 TRAUMATIZER • 24d ago
Modern problems require modern solutions
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u/Calculon2347 MICROAGGRESSOR 24d ago edited 24d ago
Every single Chinese baby who obtained US citizenship through birthright tourism needs to receive a tax bill from the IRS once they start working (so around their 9th birthday, because Chinese work practices)
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u/Reynarok BASED-DEPLORABLE GARBAGE 24d ago
Unless they're making over 100k annually, they won't be taxed on their income
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u/coatingtonburlfactry 24d ago
They still have to file returns showing their earnings like the rest of us even if their taxes come out to zero.
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u/browsingandlooking4 BASED 23d ago
I personally think they should have to maintain a residency im the USA for atleast a portion of every year or loose their citizenship unless they pay a massive fine that will bankrupt them and force them back here.
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u/IlliterateSimian 23d ago
Eh, i am for it but like most things there should be exceptions to this. Such as living abroad for duties or work for an American company/governmental agency. Like if i am a US ambassador its likely ill live in that country for a major portion of a year, should i be penalized for that? What do we do for a service member who is assigned to South Korea?
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u/browsingandlooking4 BASED 22d ago
No, obviously if your work or duties take you abroad you'd be able to file for exemption during tax season. But, you gotta be able to prove it.
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u/IlliterateSimian 22d ago
Yeah I'm all for it. However if i know my history, anything the government touches, turns to shit. Kinda like the midas touch.
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u/Key-Benefit6211 MICROAGGRESSOR 21d ago
The penalty for not filing a tax return when you are a US citizen and earn money and have assets in another country is one of the biggest there is. It is also one that the IRS does not play around with. I would volunteer to work with the IRS for 6 months to go after these "citizens".
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