This is a great explanation of why #FATCA is unfair & a huge burden on US citizens abroad#RepealFATCA https://t.co/BcVgtWtvct
— Lee (@ozmerica) June 1, 2020
On May 30, 2020 the following question appeared on Quora and prompted some interesting answers and discussion:
As a defender of American “freedom”, how do you justify the fact that US citizens have to pay taxes to the US even if they live and work abroad (even if they have never been to the US but got their citizenship through their parents)?
I along with others attempted to answer the question. Here is my answer.
Some of the most interesting analysis comes from the comments to the answers. See the following answer and comment. I have turned David Johnstone’s comment into a post.
One of the answers to the question included the suggestion that:
If someone lives and works abroad as an American citizen, he or she must be enjoying SOME benefits or they would logically renounce their US citizenship instead of paying US taxes. That would be a good solution for anyone facing this question. Just go!
David Johnstone responds to this answer with the following comment: