@shanghaibenny2 Gene actually did try and reduce the tax liabilities on the earnings by moving from the U.S. to Europe and making movies for Fox and MGM abroad but it did not work out to Genes advantage in the end, and everything come back around to Gene in the end. L.O.L I got to sign off take care till next time.
@shanghaibenny2 Well if you were super wealthy and of a certain age you might well give up citizenship but I cannot see to man people relinquishing citizenship of such a great nation as the U.S.
Refugee from high taxes - the term used facetiously. Any US citizen who chooses to renounce his/her citizenship still has tax liabliltiies no matter where they live. Ridiculous, but true!
@shanghaibenny2 Not sure I understand, if citizenship\refugee status is renounced surely the person is deported and not libel for taxes. Re. Rich refugees I mean not wealthy but capable of financing expensive travel\flihts, genuine Asylum seekers are the very one's unable to make these journey's.Some of the countries asylum is sought from are countries that enjoy trade and good diplomatic relationships.Bogus claims has cost Ireland hundreds of millions which could be put to better use.
While we are on the subject of rich refugees, the US government insists on taxing people until the sixth year after renouncing their citizenship. Most ,of course, do so to escape taxes.
@shanghaibenny2 Well the wealthy people regardless of where or what their country is will always be able to leave using Asylum as a means of entry which in turn makes host nations less tolerant to genuine asylum seekers I think the Aussies have got the right balance and systems in place in controlling it's growth not like Ireland and mainland Europe which is now virtually border-less.
Chinese are also scrambling to get out, both rich and poor alike. In the case of the former, it is because of pollution (water, air and soil) , food adulteration and the desire for a better life for their children. The exam system is murder.
@shanghaibenny2 The strange thing is that Indigenous populations are declining where the greater wealth is and these populations are being bolstered by influx from nations of less wealth and less opportunity yet huge population growth, only China has great wealth gained at the expense of the west yet little or no Immigration the average Chinese person is relatively poor. But African nation where famine and corruption prevail have huge bursts of indigenous populations scrambling to get out.
A beauty.
MindsiMedia 2 months ago 2
@shanghaibenny2 Gene actually did try and reduce the tax liabilities on the earnings by moving from the U.S. to Europe and making movies for Fox and MGM abroad but it did not work out to Genes advantage in the end, and everything come back around to Gene in the end. L.O.L I got to sign off take care till next time.
HAPPYTHELEAF 3 months ago
@shanghaibenny2 Well if you were super wealthy and of a certain age you might well give up citizenship but I cannot see to man people relinquishing citizenship of such a great nation as the U.S.
HAPPYTHELEAF 3 months ago
@HAPPYTHELEAF
Refugee from high taxes - the term used facetiously. Any US citizen who chooses to renounce his/her citizenship still has tax liabliltiies no matter where they live. Ridiculous, but true!
shanghaibenny2 3 months ago
@shanghaibenny2 Not sure I understand, if citizenship\refugee status is renounced surely the person is deported and not libel for taxes. Re. Rich refugees I mean not wealthy but capable of financing expensive travel\flihts, genuine Asylum seekers are the very one's unable to make these journey's.Some of the countries asylum is sought from are countries that enjoy trade and good diplomatic relationships.Bogus claims has cost Ireland hundreds of millions which could be put to better use.
HAPPYTHELEAF 3 months ago
@HAPPYTHELEAF
While we are on the subject of rich refugees, the US government insists on taxing people until the sixth year after renouncing their citizenship. Most ,of course, do so to escape taxes.
shanghaibenny2 3 months ago
@shanghaibenny2 Well the wealthy people regardless of where or what their country is will always be able to leave using Asylum as a means of entry which in turn makes host nations less tolerant to genuine asylum seekers I think the Aussies have got the right balance and systems in place in controlling it's growth not like Ireland and mainland Europe which is now virtually border-less.
HAPPYTHELEAF 3 months ago
@HAPPYTHELEAF
Chinese are also scrambling to get out, both rich and poor alike. In the case of the former, it is because of pollution (water, air and soil) , food adulteration and the desire for a better life for their children. The exam system is murder.
shanghaibenny2 3 months ago
@shanghaibenny2 The strange thing is that Indigenous populations are declining where the greater wealth is and these populations are being bolstered by influx from nations of less wealth and less opportunity yet huge population growth, only China has great wealth gained at the expense of the west yet little or no Immigration the average Chinese person is relatively poor. But African nation where famine and corruption prevail have huge bursts of indigenous populations scrambling to get out.
HAPPYTHELEAF 3 months ago
@HAPPYTHELEAF
This 'negative growth' is spreading fast.
shanghaibenny2 3 months ago