"That expats want to leave at all is evidence of America's odd tax system. Along with citizens of North Korea and a few other countries, Americans are taxed based on their citizenship, rather than where they live. So they usually pay twice—to their host country and the Internal Revenue Service. As this makes citizenship less palatable, Congress has erected large barriers to stop them jumping ship." link
From an article in Time magazine: "In an April Gallup poll, 68% of respondents said wealth "should be more evenly distributed" in the U.S. — the highest percentage saying so since Gallup started asking the question in 1984. A smaller majority, 51%, agreed that "heavy taxes on the rich" were needed."
Who will receive it, and how much they'll receive. Note the phaseout for taxpayers with a high AGI. link
State Rep. Jeanette Jamieson,
an accountant and tax preparer who serves on the committee that writes
tax legislation, landed on Georgia's delinquent taxpayer list Friday
for owing $45,734, according to the Georgia Department of Revenue. "Sometimes when you are so
busy looking after everybody else's business, you don't pay as much
attention to your own as you should," said Jamieson, reached at
Jamieson Accounting and Tax Services, the business she owns and manages
in Toccoa, in northeast Georgia.
Ah, yes. That is a problem, isn't it? Link
