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> The US government is so powerful, they are the only country that enforces a draconian global taxation scheme on any citizen or person who has ever held a US g
by pgraf 2y ago
> The US government is so powerful, they are the only country that enforces a draconian global taxation scheme on any citizen or person who has ever held a US green card […]
While it may be true that they are the only ones able to do it effectively, there are some other countries with citizenship-based taxation. According to Wikipedia[0] these currently are:
Hungary, Eritrea, Myanmar and Tajikistan
Some other countries have similar policies for tax heavens.
[0]: https://en.wikipedia.org/wiki/International_taxation#Citizenship https://en.wikipedia.org/wiki/International_taxation#Citizen...
- pembrook 2y agoThere's not a bank on earth (that isn't headquarted in said countries) that is voluntarily sharing information with Eritrea, Myanmar, etc. I'm going to venture a wild guess: it may not be that difficult to hide assets from the short arms of the Tajikistani tax office. So I don't think it's crazy to assume Americans are the only ones suffering under this policy in practice.