Quote:
Originally Posted by DirtyWhiteBoy
You also have to pay taxes to the US government if you no longer live in the USA. Even if you move out tomorrow and never return a day in your life, Uncle Sam requires you to still pay income tax on any foreign income you may earn.
Of course there are loop holes and they give you a little break if you can prove you earn foreign income, but flat out the USA owns it's people. Slaves, all of us.
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It's not quite how you describe it. If you reside overseas you are not taxed on your first $80,000 of income. If you make more than $80,000 while overseas it becomes a bit more complex. You do still have to file tax returns each year, but I believe you are automatically given til October 15th to file for the previous year.