Nick Lee
@NicklesLee
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Extraterritorial taxation & regulation based on citizenship aren’t good policy, and that’s a #FATCA. Policy wonk on @DemsAbroadTax
The Netherlands
Joined January 2013
BTW third year in a row that a Republican office complimented us and said we were better than lobbyists!
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La mia dichiarazione sul nuovo dl #cittadinanza @SenatoriPD @pdnetwork @itmondo @TorontoComites @comitesmessico @CCanadese @LuigiVignali @ItalyinCanada @ItalyinUS @ItalyinMEX @italyingt @ItalyinCR @ItalyinPanama @Antonio_Tajani @ItalyMFA @ItalyinMEX -
aise.it
ROMA\ aise\ - “Un decreto-legge approvato in fretta, di venerdì, senza alcun preavviso, senza alcun confronto con chi rappresenta gli italiani all’estero. ...
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🎯 I’m reaching out to you, members of our community. Together, we can end Citizenship-Based Taxation and fight for a fair, residence-based system. 🙏 Your donation can make a difference in our campaign for change. 🔗 https://t.co/FT8CdIAvE5 💬 Please share this message 🙏
taxfairnessabroad.org
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We welcome the introduction of a Residency Based Tax bill. Read more here: https://t.co/IUCBQ0Eu5U
#RBT #CBT #taxtwitter #taxation
democratsabroad.org
Democrats Abroad strives to provide Americans abroad a Democratic voice in our government and elect Democratic candidates by mobilizing the overseas vote.
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I have no intention of leaving Europe as a stage inhabited by herbivores, only for carnivores to come and devour according to their agenda. As Europeans, we must be clear-sighted, ambitious, and determined about our own agenda—an agenda of sovereignty.
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It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them. While the Democratic leadership defends the status quo, the American people are angry and want change. And they’re right.
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Like it or not, @DemsAbroad will have to grapple in the midterms with the reality that Trump made a big commitment on overseas tax issues & Harris didn’t. Our party’s continued relevance now depends on getting Democrats to step up and show leadership on overseas issues.
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“When problems are neglected, they metastasize into grievances. And grievances can be weaponized in service of reactionary goals. The solution, then, is almost comically simple: Don’t neglect the problems.” —@RichardvReeves for @politico
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It's time for us to just be honest. This version of the Democratic Party is arrogant and patronizing, taking minority voters for granted and treating them like children. Well, maybe minority voters aren't into that.
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“We can identify no other Information Collection from the federal government whose compliance burden leads to citizens facing such extreme choices.”
*BREAKING* - @DemsAbroadTax's response to @IRSnews for Form 1040 Paperwork Reduction Act renewal. Read more on our website: https://t.co/NYJVWjN38Q
#TaxTwitter #Taxation #RBT #CBT
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I feel like this a fun question for #TaxTwitter: Does the 877A Expatriation Tax still apply when someone is denaturalized?
I have co-authored the J-1 Visa Guidebook published by LexisNexis which has been published in annual editions since the 1990s and is the main treatise on the subject. So I'm pretty familiar with the rules for J-1 visa holders including at the time Musk attended Stanford. The
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3. While some news outlets have been branding this as a tax handout, the internal IRS watchdog has been putting out some very high quality reports that make it clear that the current system is in need of change: https://t.co/UWHX2kQllY
https://t.co/HDYTMtOsyv
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@NicklesLee @Keith__REDMOND I realized that a few years ago and it let me look at different proposals in a different light. I also realized us working class were being scooped up as pawns from which we would benefit, but the people leading the charge would mightily and disproportionately benefit
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It’s a solid piece, touching on the de minimis revenue involved, the severe impacts to Americans abroad, and the room for bipartisan action on overseas issues. @ACAVoice and @ProfRuthMason’s commentary is 👌🧑🍳 here.
Former President Trump is seeking to court American voters overseas by pledging to end what he called the “double taxation” of citizens living abroad. Read the latest from @alexrifaat: https://t.co/9UR7F4xLw9
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And now for a break from tax stuff
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Somehow it’s okay to have a wide-open (and politically tolerable) exemption from federal taxation for residents of Puerto Rico, but when it comes to overseas Americans, even a mandatory pension must be brutally punished.
@DeanBaker13 Americans already pay no federal income taxes if they live in Puerto Rico.
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Residence Based Taxation is a distinctly working and middle class oriented tax measure that is unattractive for people with large sums of money. The harms of CBT start to evaporate around a net worth of $500K, and it can be exploited as a tax avoidance scheme from around $1M
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The extra tax compliance burdens imposed on Americans abroad are so cumbersome that the National Taxpayer Advocate regularly cites this issue as one of the ten most serious problems encountered by taxpayers annually.
ntu.org
With less than one month until the presidential election, former President Donald Trump just announced that he would ease the tax burden for Americans abroad. American citizens living and working...
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