I’m confused. How can the US pass legislation requiring the Canadian govt to do anything? Or is this just bad writing? I suppose I should have broken the time-honored tradition of replying to a post without reading the article.
The comments are really calling out the author for his dishonesty in this piece.
Would I be too cynical if I just said, “yet”?
They started this in Costa Rica a couple years ago... really ticked off a lot of ex-pats down there.
why do taxes matter??
seriously, ask yourself the question.
why do they insist on taxing us when they print whatever money they need while spending what they will never have
so why do they need ours???
How true is this. Scary
At first I thought this was funny….Then I realised the awful truth of it.
Tax his land,
Tax his bed,
Tax the table
At which he’s fed.
Tax his work,
Tax his pay,
He works for peanuts
Anyway!
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.
Tax his car,
Tax his gas,
Find other ways
To tax his ass.
Tax all he has
Then let him know
That you won’t be done
Till he has no dough.
When he screams and hollers;
Then tax him some more,
Tax him till
He’s good and sore.
Then tax his coffin,
Tax his grave,
Tax the sod in
Which he’s laid.
When he’s gone,
Do not relax,
It?s time to apply
The inheritance tax.
Accounts Receivable Tax
Airline surcharge tax
Airline Fuel Tax
Airport Maintenance Tax
Building Permit Tax
Cigarette Tax
Corporate Income Tax
Goods and Services Tax (GST)
Death Tax
Driving Permit Tax
Environmental Tax (Fee)
Excise Taxes
Income Tax
Fishing License Tax
Food License Tax
Petrol Tax (too much per litre)
Gross Receipts Tax
Health Tax
Inheritance Tax
Interest Tax
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Mortgage Tax
Personal Income Tax
Property Tax
Poverty Tax
Prescription Drug Tax
Real Estate Tax
Recreational Vehicle Tax
Retail Sales Tax
Service Charge Tax
School Tax
Telephone Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Water Tax
Workers Compensation Tax
And Now they want a Carbon Tax !
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was one of the
most prosperous in the world.. We had absolutely no national debt, had a
large middle class, and Mom stayed home to raise the kids.
I'm becoming more and more glad that I qualify for citizenship in another country.As time passes the thought of renouncing my US citizenship becomes more and more appealing.
FATCA affects all banks worldwide, not just Canada. Simon Black has been writing about this for a couple of years.
If you like your house, you can keep your house.