Quote from: cottoneyeJoe on March 26, 2014, 08:27:59 PM

Quote from: Holliday on March 26, 2014, 08:15:50 PM

Next to impossible? Hardly...

A pain in the ass and outright theft, sure. But anyone residing in the US obviously accepts their tax burden, right?

I wish it were the case that residence mattered. The truth is that US is possibly the ONLY country that taxes it's citizens even when they live and earn all of their income abroad. Renouncing your citizenship costs ~$400 and even then does not release you from any unmet tax obligations or risk of audit from time during your citizenship.

Worse still, Americans abroad are increasingly being denied foreign bank accounts because of new reporting requirements that the US imposes on banks who accept US citizens as customers.

http://aaro.org/denied-bank-accounts

It doesn't stop there.
All western countries are pumping huge piles of money into the US industry every year. US has become an extremely expensive financial octopus in the global economy. Its a redistribution of wealth that needs to stop.