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Greed At Its Best
Message
From
03/09/2007 11:01:26
 
 
To
03/09/2007 10:51:05
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01251725
Message ID:
01251985
Views:
17
>>>I just googled and found this page
>>>
>>>http://thelotterysite.com/taxes_on_your_winnings.htm
>>
>>There's an interesting conundrum. Would someone give up their US citizenship to avoid paying tax on a lotto win? At what value would they do this? How much is that citizenship worth? I guess there might be a few who'd say "No amount".
>
>I don't think that would matter. Seems to me it's about where you earned the money, citizen or not.

From what I read, no matter where the US citizen was in the world, he'd have top pay US taxes (this, as I understand, also applies to income tax, even if permanently resident in another country and working for a non-US firm, so long as saty US citizen)
>
>Tamar
- Whoever said that women are the weaker sex never tried to wrest the bedclothes off one in the middle of the night
- Worry is the interest you pay, in advance, for a loan that you may never need to take out.
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