Comments by "My Namename" (@mynamename5172) on "Why and How I Renounced US citizenship: My Expatriation Story" video.

@Originalman144 Income is not the issue with FATCA. Its an obnoxious law that makes foreign banks not want to deal with Americans at all. You could earn $0 and have problems. Retired people have problems. It is awful, and probably one of the main "facts not feels" reasons people get rid of their US citizenship. PS. FATCA is so problematic you can have issues banking abroad even if you were born in the US, but you are no longer a citizen of the US (birthplace is on passports). And yes, the IRS may in fact hassle you if you fail to report one penny over the allowed exemption when working overseas (exemption is currently just over 100k). Zero accountants would tell you to rely on this "probably won't hassle you if you are only a little over" rule. The IRS is nasty, the tax code sucks and is overly complex, and this is another great reason to get rid of US citizenship.
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@pr3ttypimpcess Totally female? Who commits fully to a gender in 2020. Asking for a friend.
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