tj444
Posts: 7574
Joined: 3/7/2010 Status: offline
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quote:
ORIGINAL: Politesub53 quote:
ORIGINAL: tj444 That was just one example, another is the US is always trying to get other countries to change their extradition laws. The did badger the pussy Liberal previous govt into making it easier to extradite Canadians to the US for trial. Its the same with extradition laws in the UK, we have had several high profile cases recently. New labour decided to do a deal on extradition, which meeans the burden of proof that the US needs to show, is less than the other way around. To make matters worse, said laws were made in respect of terrorism cases and are now being used for other reasons, such as the Nat West three. I have nothing against any of these extradition laws being in place but FFS lets have a level playing field. Yes, the US govt wants to Americanize the world.. they want all other countries to do things exactly their way.. Thats another thing about the US, the IRS for instance now uses laws that were supposedly to combat terrorism to terrorize non-terrorist Americans and others.. Most Americans dont even know their own laws.. the IRS now watches who enters the US,.. they try to catch Americans that live in other countries but dont realize that no matter where in the friggin world they live and no matter how many years or decades they are away, every year every American non-resident is still required to file a US tax return and they are taxed on income over $85,000/yr.. even if they owe no tax, they still are required to file and if they dont there is a fine for each infraction (& the fine is not chicken feed).. So any American that comes back to the US to visit but hasnt filed their tax returns could end up spending a nice vacation in jail.. And people wonder why I dont want American citizenship.. "In addition to filing one’s 1040 income tax return, every US citizen has also the obligation to file with the Treasury Department TD F 90-22.1 i.e. the Foreign Bank Account and Financial Records (FBAR) form of which many of us have only recently become aware. It has a non-willful penalty of up to $10,000 for not filing. The FBAR must be filed every year if one has assets on deposits in foreign accounts (i.e., checking, savings, stocks, pension, etc.) that average over $10,000." "starting in 2014 (moved from 2013), foreign financial institutions will be required by the US government under the Foreign Account Tax Compliance Act (FATCA) to report information regarding accounts of US citizens to the IRS. This law requires foreign financial institutions (FFI) like your local bank, stock brokers, hedge funds, pension funds, insurance companies, trusts, etc. - to report directly to the IRS all their clients who are US persons. The penalties for the institutions that do not cooperate are steep. There is no clear idea of what foreign banking institutions will do with their US clients." http://www.gather.com/viewArticle.action?articleId=281474979980479 "Apparently using a recently ratified tax information exchange agreement (TIEA) as their authority, dozens of IRS agents have fanned out across Panama looking for non-compliant U.S. taxpayers living or doing business there. At least some of them are carrying firearms. How would you feel if an SUV full of armed IRS agents pulled into your driveway in a foreign country?" "One woman I know of from Mexico didn’t realize she was also a U.S. citizen until she was nearly 50 years old. She learned of her U.S. status when she purchased a condo in southern California. At the closing, her attorney told her she needed to sign the closing documents as a U.S. citizen, not a non-resident alien. She thought nothing of it, and signed the contract. A few months later, she received a notice from the IRS at her new address informing her that they were investigating her for willful failure to file tax returns and possible criminal tax evasion." "Non-renewal of passports. As I described here, the General Accountability Office has concluded that in just one year, the State Department issued passports to 224,000 citizens who owed nearly $6 billion in unpaid federal taxes. The GAO suggests that Congress may wish to “consider taking steps to enable [the] State [Department] to screen and prevent individuals who owe federal taxes from receiving passports.” And without a passport, of course, you have no way to travel internationally." http://www.financialsense.com/contributors/mark-nestman/2011/10/12/us-to-non-residents-pay-up-or-face-the-consequences-part-2
< Message edited by tj444 -- 2/27/2012 6:39:18 PM >
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As Anderson Cooper said “If he (Trump) took a dump on his desk, you would defend it”
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