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Post by BEAC0NJET on Jun 21, 2019 15:25:31 GMT -5
The Caymans are the place to park your money if you're looking to evade taxes, thats for sure. Couple of institutions down there got busted w/in the last few years for that, IIRC, helping people evade taxes. Stop being a liberal!!!!!! I'm a libertarian leaning republican. Some would say Im worse But that does make me very pro keeping as much of my own money as possible, so Go Caymans!
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Post by BEAC0NJET on Jun 21, 2019 15:28:21 GMT -5
Never said it was a scam, he is just using the Caymans tax laws to his advantage. No..... he has NO ties to the US but pays US taxes as a US Citizen. In his mind, he is getting screwed. He sells services to EXPATS that are not US Citizens. Dumb question... could he renounce US Citizenship and not have to pay? He has no US ties, doesnt live here, own property, etc?
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Post by Deleted on Jun 21, 2019 15:30:19 GMT -5
No..... he has NO ties to the US but pays US taxes as a US Citizen. In his mind, he is getting screwed. He sells services to EXPATS that are not US Citizens. Dumb question... could he renounce US Citizenship and not have to pay? He has no US ties, doesnt live here, own property, etc? As a US citizen who has no ties to any residence in the US what taxes is he paying?
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Post by DDNYjets on Jun 21, 2019 15:30:35 GMT -5
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Post by DDNYjets on Jun 21, 2019 17:40:03 GMT -5
Unbelievable how these people just dont understand memes.
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Post by southparkcpa on Jun 21, 2019 18:20:01 GMT -5
No..... he has NO ties to the US but pays US taxes as a US Citizen. In his mind, he is getting screwed. He sells services to EXPATS that are not US Citizens. Dumb question... could he renounce US Citizenship and not have to pay? He has no US ties, doesnt live here, own property, etc? Short answer is yes but that is not even a thought. he was hired by a Company here and then Broke off to start his own company. he has no problem paying his taxes. he’s a good guy. The wait to renounce your citizenship I have heard is years..
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Post by southparkcpa on Jun 21, 2019 18:21:04 GMT -5
Dumb question... could he renounce US Citizenship and not have to pay? He has no US ties, doesnt live here, own property, etc? As a US citizen who has no ties to any residence in the US what taxes is he paying? He pays federal... no state. caymans doesn’t have an income tax.
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Post by Deleted on Jun 21, 2019 18:22:49 GMT -5
As a US citizen who has no ties to any residence in the US what taxes is he paying? He pays federal... no state. caymans doesn’t have an income tax. I know I am preaching to the choir but he is paying a lower amount because he is based outside the US for over the 330 days.
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Post by southparkcpa on Jun 21, 2019 18:28:35 GMT -5
He pays federal... no state. caymans doesn’t have an income tax. I know I am preaching to the choir but he is paying a lower amount because he is based outside the US for over the 330 days. Not sure if he qualifies for foreign income exclusion. I stopped doing his tax returns when he move there. Not my area of expertise.
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Post by Deleted on Jun 21, 2019 20:49:42 GMT -5
I know I am preaching to the choir but he is paying a lower amount because he is based outside the US for over the 330 days. Not sure if he qualifies for foreign income exclusion. I stopped doing his tax returns when he move there. Not my area of expertise. If he lives in the Caymans he qualifies
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Post by adpz on Jun 21, 2019 22:43:04 GMT -5
If there was any doubt where Dems are headed on immigration - here's Hickenlooper driving the clown car today:
He would give all "11 million" (lololollolol) immediate 10-year visas, which would be infinitely renewable and a pathway to citizenship.
But if you buy now you also get immediate "free" healthcare:
As someone in the Twitter comments says, this is basically like calling for a foreign government(s) to invade the country to install a Socialist regime.
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Post by adpz on Jun 21, 2019 22:57:32 GMT -5
Anyone who thinks Dems are middle of the road should educate themselves on the Cloward-Piven strategy, which seems to be in full effect en.wikipedia.org/wiki/Cloward–Piven_strategyThe Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a socialist system of "a guaranteed annual income and thus an end to poverty".
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Post by bxjetfan on Jun 21, 2019 22:59:38 GMT -5
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Post by southparkcpa on Jun 22, 2019 6:13:11 GMT -5
Not sure if he qualifies for foreign income exclusion. I stopped doing his tax returns when he move there. Not my area of expertise. If he lives in the Caymans he qualifies I’m sure he does.... so about 100K of his income is not taxed. Sounds fair to me.... he is not taking any services. I think that was the spirit of the law.
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Post by southparkcpa on Jun 22, 2019 6:14:33 GMT -5
If there was any doubt where Dems are headed on immigration - here's Hickenlooper driving the clown car today: He would give all "11 million" (lololollolol) immediate 10-year visas, which would be infinitely renewable and a pathway to citizenship. But if you buy now you also get immediate "free" healthcare: As someone in the Twitter comments says, this is basically like calling for a foreign government(s) to invade the country to install a Socialist regime. Where the fuck do we find these people?
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