return2ozma@lemmy.worldcake to News@lemmy.world · 15 days agoTrump floats eliminating U.S. income tax and replacing it with tariffs on importswww.cnbc.comexternal-linkmessage-square191fedilinkarrow-up1384arrow-down117
arrow-up1367arrow-down1external-linkTrump floats eliminating U.S. income tax and replacing it with tariffs on importswww.cnbc.comreturn2ozma@lemmy.worldcake to News@lemmy.world · 15 days agomessage-square191fedilink
minus-squaresolstice@lemmy.worldlinkfedilinkarrow-up1·4 days agoCalm down professor. The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US. That is NOT how it works in every country. Here’s a pretty good article about it from the WSJ if you want to educate yourself on the subject: https://www.wsj.com/articles/BL-WB-34630
minus-squarebtaf45@lemmy.worldlinkfedilinkarrow-up1·4 days ago The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US. We all know that and this is not what is being discussed genius. That is NOT how it works in every country. Taking into considering “every penny” of your income IS how it works in every country.
Calm down professor. The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US. That is NOT how it works in every country.
Here’s a pretty good article about it from the WSJ if you want to educate yourself on the subject: https://www.wsj.com/articles/BL-WB-34630
We all know that and this is not what is being discussed genius.
Taking into considering “every penny” of your income IS how it works in every country.