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Gold Card immigrants won't have to pay income tax to the USA on their income earned abroad
Posted on 2/27/25 at 4:56 pm
Posted on 2/27/25 at 4:56 pm
So, how do you feel about this ?
On the one hand I guess the 5 million that they paid for the Gold Card will be more than most people pay in taxes in a lifetime.
You are going to have wealthy people that earn all of their money abroad and will never pay an income tax to the USA the rest of their lives.
These people will be bidding on Real Estate in the USA against natural born citizens who are paying Federal Income Taxes every year.
Kind of have mixed feelings about this.
But like I said, I guess the one time 5 Million Dollar Gold Card Tax is more than most USA citizens will pay in their lives.
nbc
On the one hand I guess the 5 million that they paid for the Gold Card will be more than most people pay in taxes in a lifetime.
You are going to have wealthy people that earn all of their money abroad and will never pay an income tax to the USA the rest of their lives.
These people will be bidding on Real Estate in the USA against natural born citizens who are paying Federal Income Taxes every year.
Kind of have mixed feelings about this.
But like I said, I guess the one time 5 Million Dollar Gold Card Tax is more than most USA citizens will pay in their lives.
nbc
This post was edited on 2/27/25 at 5:01 pm
29
Posted on 2/27/25 at 4:57 pm to Stud Studdington
Why would they have to pay taxes? Rich people frick young girls and get away with it in America. Why would rich people have to pay taxes? Us middle class people are the fools.
Posted on 2/27/25 at 4:57 pm to Stud Studdington
They’ll have payroll tax for the minimum of 5 jobs they have to create.
Posted on 2/27/25 at 4:58 pm to Stud Studdington
Number of Posts: 22
Registered on: 2/24/2025
Registered on: 2/24/2025
Posted on 2/27/25 at 4:58 pm to RohanGonzales
quote:
like the source
They were discussing it this morning on CNBC.
Posted on 2/27/25 at 4:59 pm to Stud Studdington
quote:
These people will be bidding on Real Estate in the USA against natural born citizens who are paying Federal Income Taxes every year.
Dude, these people aren’t going to be buying million dollar houses; they are going to be buying $10 million houses. They won’t be competing with you, and the ones they are competing with don’t care.
Posted on 2/27/25 at 4:59 pm to Stud Studdington
Thanks to Obama the Chichester, I now have to pay taxes annually on foreign holdings and tangibles I have stored in bank safes.
But Pablo and his drunken donkey don't pay shite.
But Pablo and his drunken donkey don't pay shite.
Posted on 2/27/25 at 5:02 pm to momentoftruth87
quote:
Number of Posts: 22
Registered on: 2/24/2025
What's your point ?
Does that somehow change facts ?
Posted on 2/27/25 at 5:05 pm to Penrod
quote:
Dude, these people aren’t going to be buying million dollar houses; they are going to be buying $10 million houses. They won’t be competing with you, and the ones they are competing with don’t care.
The point is that they will live in the USA and never pay a dime in income tax.
Like I said, I have mixed emotions.
On one hand the 5 million one time tax is more than most people will pay in their lifetime.
On the other hand once they pay their 5 million Gold Card Fee they will be living here tax free ( since the people doing this are people earning all of their income overseas)
This post was edited on 2/27/25 at 5:08 pm
Posted on 2/27/25 at 5:07 pm to Stud Studdington
quote:But there are plenty of Americans that DO/WILL pay that much or more in taxes over a lifetime and they are screwed with international income. Why should these new assholes get an exemption?
On the one hand I guess the 5 million that they paid for the Gold Card will be more than most people pay in taxes in a lifetime.
Not to mention it's overwhelmingly likely to be Chinamen.
Posted on 2/27/25 at 5:09 pm to Stud Studdington
quote:
You are going to have wealthy people that earn all of their money abroad and will never pay an income tax to the USA the rest of their lives.
That's not how this works.
Posted on 2/27/25 at 5:12 pm to Big Scrub TX
quote:
But there are plenty of Americans that DO/WILL pay that much or more in taxes over a lifetime and they are screwed with international income. Why should these new assholes get an exemption?
Not to mention it's overwhelmingly likely to be Chinamen.
Yeah, I agree.
I'm sure people will argue that if not for the tax break the Gold Card people wouldn't come here and that we wouldn't get their 5 Million.
But on the other hand natural born USA citizens that have to pay taxes on all of their income have to be saying "wtf?"
This post was edited on 2/27/25 at 5:15 pm
Posted on 2/27/25 at 5:13 pm to Stud Studdington
quote:On foreign income. They most certainly WILL have to pay on American-earned income.
The point is that they will live in the USA and never pay a dime in income tax.
Posted on 2/27/25 at 5:14 pm to Stud Studdington
Anyone expecting this to generate a lot of debt-retiring monies is blinkered. Selling 200K of these would be a big win - that would be $1 Trillion. Sounds like a lot, but just a drop in the bucket in reality..
Posted on 2/27/25 at 5:15 pm to Stud Studdington
Do you think they would come here if they had to start paying income tax on the profits they are already making on businesses they established prior to moving to America?
Posted on 2/27/25 at 5:16 pm to wickowick
quote:Well, they obviously would not as they have not to date.
Do you think they would come here if they had to start paying income tax on the profits they are already making on businesses they established prior to moving to America?
Posted on 2/27/25 at 5:17 pm to Stud Studdington
Trump must have thought of this plan while sitting on the shitter.
He should have left it there.
He should have left it there.
Posted on 2/27/25 at 5:18 pm to Big Scrub TX
quote:
On foreign income. They most certainly WILL have to pay on American-earned income.
These are people that earn ALL OF THEIR INCOME OVERSEAS.
These are extremely wealthy people, people who think 5 million is pocket change.
These aren't people who are going to move here and start applying for jobs
This post was edited on 2/27/25 at 5:19 pm
Posted on 2/27/25 at 5:19 pm to Big Scrub TX
quote:
Not to mention it's overwhelmingly likely to be Chinamen
I don’t know
There’s been a massive crackdown on corruption in China, and that’s actually cratered some real estate markets outside of China, the money spigots are closed, and when rich Chinese people travel abroad they are very secretive now
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