Oddbean new post about | logout
 I was today years old when I found out that the US makes it almost impossible to renounce your US Citizenship. 

The exit tax is so ridiculous that they take like half of your wealth. 😱 
 making a story on it by chance?

as a non-american would be curious 
 Only about 6 years ago, it used to be $1500. Peter Schiff said they would increase the cost and smart people should take advantage of the sale price. I guess he was right about something, even though he still is a citizen 
 Only applies if your net worth is more than 2 million dollars 
 liquid net worth or assets inc? 
 I dunno. Haven’t looked into it much. 
 Worth it 
 Tax slaves 
 But I was thought that US abolished slavery and is fighting for the free world 🤡🌍 
 I would be willing to be the nomad capitalist has talked about it. 
 "Land of the free..." is becoming a bad joke. 
 What money?  
 What wealth? 
 For real? Sounds like the most american thing possible, though.
"GIVE US ALL THE MONEY!"
"But I don't wanna be here anymore..."
"Doesnt matter, pay the tax damnit!"

nostr:note1ynpw4cn3lwgmpzuhguqc2sxfvz5pmj6725q3x5fpky9s3f86eq3swughxp  
 Moving to Puerto Rico is the only way to avoid paying U.S. federal taxes without renouncing your citizenship. 
 There is no red, there is no blue.  There is the state and there is you.