Offshore? I am not sure why I pay taxes in the USA, if I went offshore, if I became a citizen of Canada, taxes would pay for universal healthcare system.
Hmm, I am age 56, I wonder if I can become a citizen of Norway, Denmark, or Sweden. Yes, I would pay 40-50 percent in taxes, but I would know I am safe, I could afford my health care.
Obama used words like "Universal Healthcare System," this is available offshore for free, it should be the big benefit paying Uncle Sam, but instead I get the worlds biggest war machine.
I Filed a Tax Extension.
Why am I paying Uncle Same? I could be offshore, preparing my payment i is truly are ridiculously easy, but the accountant still cost me 350 USD. I went to an H and R Block office, they said they would file an extension for free. I asked them how much to file my 2555 Foreign Exclusion thingy that allows me to earn 90 plus thousand if I live outside ( live offshore ) the USA for over 335 days.
H and R Block wants 350 Dollars.
If I pay my professor accountant, CPA, charges the same, and I could avoid this if I lived offshore there is not tax international.
I do not want to stop paying taxes, but after living offshore for 14 years, the USA can make me angry. Obama tells me one thing, that he is setting up Universal Healthcare System, but he seem to be working for the Doctors, he is going to force me to buy health insurance. the same as I am forced to buy liability insurance to drive a car, that is a good idea, but to force me to buy health insurance is not Universal Healthcare System, it is a joke.
I want to pay the USA taxes, and, also do not want worry about whether I can afford to have cancer.
95-98 percent of the reasons I go to a Doctor are minor, and I went to a Doctor offshore recently, it was free in the DR. I went to a Doctor on Lago Atitlan, GUA, and it only cost 4-5 dollars. Living offshore give me the benefit of free medical and I am not even a citizen in these countries, I just go the Doctor, they do not charge their own people, and they give anyone free medical.
I want to pay the USA, I want the United States to survive, prosper, and be the leader of the free world. But Uncle Same is nuts.
Tax Refund is a Bait and Switch
They give you a refund, to make you want to file. I do not get a refund, therefore it only can cost me to file taxes. I am not going to get a refund, but the normal worker pays, and pays again, and suddenly feels great, he or she gets money back, but truly paid and paid all year.
All this can be avoided by me, I can go hide in another country, live offshore, pay my tax international if needed, which is not needed, unless I volunteer to the country and say,
"Hey you, sign me up for taxes."
Now, I would love to be a citizen of Denmark or Sweden, and over 1 million Islamic people agree. If I do not work, they pay me, if I get sick they pay, if I do anything the country pays, I am always safe.
Tax Extensions or I can Live Offshore
Strangely, Americans are so brainwashed into paying governments, when they go to another country to live offshore, the instantly try to learn about the offshore taxes, or the International taxes of they country..... Too Stupid -- I can live in any country for the rest of my life, complete off the grid, only by trying to become a citizen of that country, or resident, or getting a retirement visa do I volunteer to pay tax international.
It is truly possible to go off the tax grid if you live abroad, or go offshore.
Obama is playing games, the USA government is playing games, they are the reason all the multi-national factories are moving to China. We are all loyal Americans, but when the American dream becomes the American tax nightmare, we see offshore as an easy solution. It is natural to do what is easy, and what makes us the most amount of money for the benefits of living.
I see a universal health plan as one of the number one reasons to pay taxes in the USA, and not live offshore. (Schools is big.)
Would Americans file if they did not get a refund?
They do not get a total refund, this refund thing is a carrot, fools gold.
Andy Graham, and American Citizen, and trying to like Uncle SAme, but when the USA is giving me almost no benefits, and only because I love my country, and still see this offshore living as another game it feels tricky. I just want to live, pay taxes, and feel safe that if I get cancer, I have a way to go the Doctor.
Tax hell without the services.
If one files U.S. taxes honestly this year, and has more than $10K and/or $50K in total accounts overseas one will have to file FBAR (more like FUBAR) and/or Form 8938. That's $10K in total! So if one has a few thousand bucks in each country to 'hit the ground running" upon arrival in a long-term living location, it is likely one will have this problem.
The penalty of one is 10K USD regardless of the amount! The other form has an up to 400 percent penalty. Both have a criminal penalties as well. The worst thing about at least one of these forms is the off-the-clock statue of limitations on the entire return if one fails to mention even one foreign account with assets.
If one stays in the USA any year more than 30 days...one no longer qualifies for the Foreign Earned Income Exclusion. Of course in the Congressional socialists and fascists' minds overseas Americans are unpatriotic. Expats don't have representation in the Congress, unlike German, French, and other expats have seats in their law-making bodies. Expats overseas sales help keep American factories open, but instead of respect, the IRS swine deride these Americans as tax-evaders and fat cats drinking cocktails in Monte Carlo. The average expat is anything but... probably a teacher or roustabout netting under $50K, paying $350 - $4000 to file an accurate and complete both foreign and domestic returns.
I love it how these Congressional liars and ignorant mainland Americans say the expats don't pay taxes. They pay many taxes that are not creditable on U.S. taxes, and do end up paying the U.S. government income taxes.
For expats there is no Medicare, much less Universal life insurance. Forget American government services... including "rescue" airlifts. If you been in an evac, they make you pay a high commercial rate. And a U.S. Marine rescue only comes if "American business interests" are at stake. And the absolute worst service providers are consular officers at American consulates and embassies. Well-traveled Americans don't need Wiki-leaks to be educated about the lazy goofs at U.S. diplomatic legations.
All have been warned about FBAR and 8938. It's up to the individual to follow the law.
"Universal Life" should have been Congress' "universal health" insurance law.
There is a correlation between the rise of taxation costs to maintain American salespeople overseas, and the exploding trade deficit from 1976 onwards.
Let's face it. The head of the U.S.Treasury, Tim Geithner, was a tax cheat. He is now sicking the IRS attack dogs on Americans living overseas, while he got the velvet glove.
Stereotypical tax evader Marc Rich, just bought himself a presidential pardon from Switzerland. You're probably saying, "It ain't me. I ain't no fortunate one." If you are one of the six million Americans creating value, you ain't the Fortunate Son, so you have been screwed again by the U.S. tax man.
I'll shut up now! I got to get back to work on my 13 forms that must go along with my 1040.