Tax penalites for working/living outside of the US?

Discussion in 'Immigration/Illegal Immigration' started by YellowJacket, May 7, 2012.

  1. YellowJacket
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    YellowJacket Rookie

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    I will be finishing school soon and I will be looking for a job with a company to live and work in Europe. I want to go to Europe (or Asia or Australia) because I want to experience new things and live life somewhere else. Once I get my ideal job, I plan on staying there until the day I die without ever stepping foot back into the US. I just wanted to know how much in taxes would the US Government take from me.

    I'm also bouncing around the idea of renouncing my US Citizenship. I don't feel American at all. I don't even tell foreigners that I'm American when I travel (they probably can tell from the accent). I just feel that I just happened to be born in the US. Yes, my family has been here for who knows how long. Then with the whole Trayvon Martin case. It's not a great time to be an African-American (well I'm Black and White but I consider myself as only Black) in the US but then again when was it ever. I would go ahead and take that step but I'm also weighing mainly the tax penalties for it. Now, obviously I will make sure to stay in my country long enough to get citizenship somewhere then renounce my American one.
     
  2. Two Thumbs
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    Two Thumbs Platinum Member

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    I'd like to help

    But whiny pussies bring out the fuck you in me.

    sorry about that.
     
  3. YellowJacket
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    YellowJacket Rookie

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    I don't accept your apology as I'm not offended. If that's the best you're willing to say then I wouldn't have been helped by your answer in the first place. I will apologize for hurting your feelings because I'm asking about leaving the US. I just want to know how much money (like percentage) will I have to forfeit to the government even though I don't live there anymore. I've always heard that if someone doesn't like it in the US. They should leave and I will exercise my right to leave. There is nothing for me in this country. I'm sorry for wanting to experience something else. I really have no reason to come back once I leave considering all of my immediate family are deceased. That has also been weighed in so far.
     
  4. Two Thumbs
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    Two Thumbs Platinum Member

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    Ima gunna help you kick rocks
    paying taxes while living abroad - Yahoo! Search Results


    The internet has all the answers. Don't say I never did nuthin for ya.

    One question; Am I helping to pay for your education with grants?

    :lol:
     
  5. YellowJacket
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    YellowJacket Rookie

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    Let me shut down your "clever" grant jab. No, I didn't use any grants. I paid my education in cash. When my parents died as the only child, I received their estate which could only be fully accessed in college or when I turned 25. So, yeah I wrote a check and that's that. Sorry to burst your bubble.

    The internet is inconsistent hence I started the thread. By the way, is your English always that inconsistent? I know this is the internet but it doesn't make it any less taxing to read.
     
  6. Two Thumbs
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    Two Thumbs Platinum Member

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    Sorry about your family.

    I speak country to amuse myself

    I also speak southern a little Philly, but my Chi Town is a little rusty
     
  7. editec
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    editec Mr. Forgot-it-All

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    Well if you want to avoid taxes, go into the military and get assigned to Iraq or Afghanistan.

    Something like the first $120,000 a year you make there will be TAX FREE.
     
  8. Katzndogz
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    Katzndogz Diamond Member

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    You will be crushed by taxes. For one thing, there is a provison that the taxes you pay in a foreign country will be a deduction for US tax purposes. This is one of the loopholes obama intends to eliminate so that all the taxes you pay to a foreign country will be considered part of your income in the US.

    You will, eventually, be forced into giving up your US citizenship. Whether you do it before or after you have gotten raped by the IRS is up to you. More people than ever are giving up their US citizenship. Now you know why.
     
  9. Ariux
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    Ariux BANNED

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    Afro Trayvon attacks a Jew-Hispanic, and whites get blamed. Yellowjacket responds with "It's not a great time to be an African-American", proving that shit isn't just skin-deep, it's to the bone and fills the skull.

    I hope stupid crackers are taking note, Yellowjacket doesn't call himself "African-American" not because it's a cumbersome and silly term, but because he hates America. But, I can't blame anyone for hating American with that white-black socialist in office.
     
  10. YellowJacket
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    YellowJacket Rookie

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    Let me respond before this thread implodes. It's never a great time to be Black. The USA was established by the White men (for the most part) and Blacks just happened to finally given their natural right of freedom. That's the nature of the beast. Blacks will never fully be equal in this country but you can't complain you just have to make the best out of it. I'm only half black and I've faced countless examples of discrimination and racism but you can't cry in a corner. You just have to get through it and now, I may have an opportunity to leave. I will take it.

    1. All of that said, I don't hate America.
    2. African-American is a stupid term. Black American is a stupid term. I'm just Black, not a Black American not an African-American just Black.
    3. I'm really withholding my opinion of the Trayvon case until the trial and all of the facts will rise to the surface. Blacks are propping this case up and Whites are utilizing defense mechanism in yelling back slurs and stereotypes. It's all gone mad in society regarding this.

    If Zimmerman was dying on the side of the road. I would just walk right by him though. Let's not get this thread sidetracked. Are there any USA expats who work overseas on this website? Could they give me a rough estimate of how much they pay because I'm sure every case is different but you never know.
     

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