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The Water Cooler
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Goodbye Private Dancer...
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<blockquote data-quote="SoonerP226" data-source="post: 4043634" data-attributes="member: 26737"><p>The US is one of the few, and possibly the only, nation that requires its citizens to pay Federal income taxes regardless of where they live, even if they haven't set foot on US soil in years. The only way around it is to renounce your citizenship--and even then, IIRC, they make you pay an exit fee.</p><p></p><p>This was big news a few years ago when some super wealthy American ex-pats were renouncing their citizenship.</p></blockquote><p></p>
[QUOTE="SoonerP226, post: 4043634, member: 26737"] The US is one of the few, and possibly the only, nation that requires its citizens to pay Federal income taxes regardless of where they live, even if they haven't set foot on US soil in years. The only way around it is to renounce your citizenship--and even then, IIRC, they make you pay an exit fee. This was big news a few years ago when some super wealthy American ex-pats were renouncing their citizenship. [/QUOTE]
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