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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
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@DemsAbroadTax
Democrats Abroad Taxation Task Force
9 months
BTW third year in a row that a Republican office complimented us and said we were better than lobbyists!
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@TaxFairUSAbroad
Tax Fairness for Americans Abroad
1 year
🎯 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 🙏
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taxfairnessabroad.org
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@EmmanuelMacron
Emmanuel Macron
1 year
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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@BernieSanders
Bernie Sanders
1 year
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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@NicklesLee
Nick Lee
1 year
Eurofederalism or Die Trying is here. The Union needs to step up and be a military and geopolitical player, yesterday.
@LRTenglish
LRT English
1 year
The Baltic defensive line is beginning to take shape – Estonia is testing bunkers, Latvia is putting up concrete blocks and Lithuania is acquiring mines
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@VoltEuropa
Volt Europa
1 year
It’s now or never. Europe, unite! 🇪🇺
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@NicklesLee
Nick Lee
1 year
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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@NicklesLee
Nick Lee
1 year
“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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@shadihamid
Shadi Hamid
1 year
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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@NicklesLee
Nick Lee
1 year
“We can identify no other Information Collection from the federal government whose compliance burden leads to citizens facing such extreme choices.”
@DemsAbroadTax
Democrats Abroad Taxation Task Force
1 year
*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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@NicklesLee
Nick Lee
1 year
I feel like this a fun question for #TaxTwitter: Does the 877A Expatriation Tax still apply when someone is denaturalized?
@gsiskind
Greg Siskind
1 year
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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@DemsAbroadTax
Democrats Abroad Taxation Task Force
1 year
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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@HeidiHasz
NoOneWritesTheColonel
1 year
@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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@NicklesLee
Nick Lee
1 year
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.
@TaxNotes
Tax Notes
1 year
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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@NicklesLee
Nick Lee
1 year
And now for a break from tax stuff
@_sysengineer
sysengineer
1 year
Can we get this added?
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@NicklesLee
Nick Lee
1 year
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.
@cate_long
Cate Long
1 year
@DeanBaker13 Americans already pay no federal income taxes if they live in Puerto Rico.
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@NicklesLee
Nick Lee
1 year
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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@NTUF
NTU Foundation
1 year
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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