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Started By
Message
re: Gold Card immigrants won't have to pay income tax to the USA on their income earned abroad
Posted on 2/27/25 at 5:56 pm to Stud Studdington
Posted on 2/27/25 at 5:56 pm to Stud Studdington
quote:
The following is from Investopedia.
that explains a lot. 
0
Posted on 2/27/25 at 5:57 pm to Stud Studdington
quote:
I imagine it bothers Natural Born USA Citizens that will still have to pay income tax on their income earned abroad
Well then change the rules. What a gigantic libtard you must be
Crying about this
Posted on 2/27/25 at 5:58 pm to DisplacedBuckeye
quote:
Jesus, Barry. You OK?
My mind explodes when ignorant idiots opine on tax law. It just amazes me.
Posted on 2/27/25 at 5:59 pm to Stud Studdington
quote:
Read the article. That's exactly how it works.
I’m a tax attorney. I’m pretty sure I know how it works.
quote:
You're stupid enough to think they are moving here so they can get a job and pay income tax on their USA income. Good Lord some of you really are stupid.
They are moving here to open businesses and access our population, you dumb idiot.
This post was edited on 2/27/25 at 5:59 pm
Posted on 2/27/25 at 6:01 pm to BBONDS25
quote:
I’m a tax attorney. I’m pretty sure I know how it works.
I don't give a F.
This is all new.
Gold Card Citizens will not have to pay taxes on income earned abroad.
Other USA Citizens do have to pay income taxes on income earned abroad.
It's that simple.
So I guess all of the Tax Attorneys & CPA's on CNBC/Bloomberg today that were discussing this don't know what they are talking about, but you do.
God help your clients
This post was edited on 2/27/25 at 6:06 pm
Posted on 2/27/25 at 6:02 pm to Stud Studdington
$5 Million and no taxes just on what they earned outside the country doesn't bother me.
If they can cover the $5MM they are going to be net producers once here.
If they can cover the $5MM they are going to be net producers once here.
Posted on 2/27/25 at 6:06 pm to Stud Studdington
quote:
I don't give a F.
We know. You bask in your absolute ignorance.
quote:
This is all new.
Ummmm. Again your ignorance rearing its ugly head. There is a program in place already. And it doesn’t cost $5MM. So surprised you didn’t know about that.
quote:
Other USA Citizens do have to pay income taxes on income earned abroad.
You aren’t aware of deductions for taxes paid to tax treaty countries income taxes paid? Color me surprised. Also…these people won’t be US citizens. You dumb idiot.
quote:
It's that simple. God help your clients
you have zero clue. You don’t even know the absolute basics. You dumb frick. This post was edited on 2/27/25 at 6:10 pm
Posted on 2/27/25 at 6:09 pm to BBONDS25
Yeah, all of the Tax Attorneys & CPA's that have been on CNBC & Bloomberg all day disagreeing with you don't know what they are doing, but Bubba the alleged "tax attorney" does
Yeah, I think I'll go with the army of legit tax folks on the financial networks over some yahoo on the PT
Yeah, I think I'll go with the army of legit tax folks on the financial networks over some yahoo on the PT
Posted on 2/27/25 at 6:10 pm to Big Scrub TX
quote:
Chinamen
Dude. Chinamen is not the preferred nomenclature.
Posted on 2/27/25 at 6:11 pm to Stud Studdington
quote:
CNBC & Bloomberg
which tax attorney. Name one….specifically. quote:
but Bubba the alleged "tax attorney" does
Man. If I’m making it up I’m playing the long con. Been doing it for 14 years. Started posting in here while in law school.
quote:
Yeah, I think I'll go with the army of legit tax folks on the financial networks over some yahoo on the PT
Are you aware of the logical fallacy of “appeal to authority?” We all know the answer.
You don’t even understand the question…much less the answer.
This post was edited on 2/27/25 at 6:14 pm
Posted on 2/27/25 at 6:14 pm to BBONDS25
Maybe you should find a new line of work.
This a cut & paste from the NBC article.
Of course I guess they don't know what they are talking about, but Billy Bob the PT tax bro does,
President Donald Trump's proposed $5 million "gold card" for U.S. residency would be one the most expensive in the world, according to experts.
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens
Trump said gold-card holders would not be subject to taxes on their overseas income.
This a cut & paste from the NBC article.
Of course I guess they don't know what they are talking about, but Billy Bob the PT tax bro does,
President Donald Trump's proposed $5 million "gold card" for U.S. residency would be one the most expensive in the world, according to experts.
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens
Trump said gold-card holders would not be subject to taxes on their overseas income.
Posted on 2/27/25 at 6:15 pm to Stud Studdington
quote:
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens Trump said gold-card holders would not be subject to taxes on their overseas income.
Amazing. Nobody is disputing this. Is that what you think we are arguing?
oh my. Literally not one person here has said this isn’t the case. We have simply been mocking you for not knowing or understanding why that isn’t a big deal.
Back to digging ditches dummy.
This post was edited on 2/27/25 at 6:17 pm
Posted on 2/27/25 at 6:16 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.
No, they'll be buying tracts of $500k homes and renting them out to Americans and escalating the housing issues we already have.
Posted on 2/27/25 at 6:17 pm to BBONDS25
quote:
Amazing. Nobody is disputing this. Is that what you think we are arguing? oh my.
That was the subject of the OP.
That's exactly what I was talking about.
Looks like your pea brain got lost in the weeds.
Read the article & try to keep up, you don't sound very intelligent.
Posted on 2/27/25 at 6:17 pm to POTUS2024
quote:
No, they'll be buying tracts of $500k homes and renting them out to Americans and escalating the housing issues we already have.
You should have thought of this idea. It might have increased your votes from 8 to 12.
Posted on 2/27/25 at 6:20 pm to Stud Studdington
quote:
That was the subject of the OP. That's exactly what I was talking about.
Not a single person here is disputing the gold card immigrants will not have to pay us income taxes on foreign income. Not a single person.
quote:
Looks like your pea brain got lost in the weeds.
You are so out of your league. You are trying to say people are arguing something that has never been argued. Link a single poster arguing that gold card immigrants will pay taxes on foreign income. You can’t. You dumb frick. quote:
Read the article & try to keep up, you don't sound very intelligent.
I can’t prove you completely wrong any slower. It’s like playing chess against a pigeon. Prove me wrong. Link a single poster saying gold card immigrants will pay tax on foreign income.
This post was edited on 2/27/25 at 6:21 pm
Posted on 2/27/25 at 6:30 pm to Stud Studdington
quote:
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens
Trump said gold-card holders would not be subject to taxes on their overseas income.
You are either incredibly stupid or trolling..
Just answer one question for me.
If Stud Studdington, German National, buys a Gold Card and opens a manufacturing plant in Texas, why in the frick do you think he should pay the US Income Taxes for the income he has earned across the globe for the last 30 years?
The idea is to pay down the debt. The idea is to create jobs on American soil. The idea is to build the economy. No one is going to come here and start paying taxes on money earned abroad. That would mean he has to pay both Germany and the United States for revenue across the globe. That makes no sense at all. Zero.
If Stud Studdington was a US Citizen, then he would pay US Taxes and he wouldn't pay taxes to Germany any longer. You clearly didn't understand what you were watching..
Posted on 2/27/25 at 6:33 pm to BigBro
Kind of. US citizens pay taxes on foreign income unless we have a tax treaty with that country. We have 69 international tax treaties. The guy you’re responding to is an absolute moron.
You are correct about the rest of your post.
You are correct about the rest of your post.
This post was edited on 2/27/25 at 6:34 pm
Posted on 2/27/25 at 6:44 pm to BigBro
quote:
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens
Trump said gold-card holders would not be subject to taxes on their overseas income.
You are either incredibly stupid or trolling..
That is literally a cut & paste from the article.
Just so you know that you're arguing with the article, not me
Go get em Tiger !
Posted on 2/27/25 at 6:48 pm to Stud Studdington
quote:
That is literally a cut & paste from the article. Just so you know that you're arguing with the article, not me Go get em Tiger !
Not a single person is arguing otherwise. How can you not wrap your mind around that? Holy shite you’re a complete moron.
This post was edited on 2/27/25 at 6:49 pm
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