“I am getting more and more confirmation from unrelated sources that the Obama 3.8% tax on unearned income cannot be offset by the Foreign Tax Credits of U.S. citizens abroad. To put it simply: U.S. citizens abroad, who via taxation in their country of residence, pay for health care in their country of residence, are now required to pay for health care for U.S. residents. Oh well: I guess that’s consistent with the definition of citizenship that Obama gave in his State of the Union address. U.S. citizens abroad must accept their obligations to those remaining inside the U.S.”
Obamacare tax on unearned income cannot be offset by foreign tax credits
- Post author:The Freedom Watch Staff
- Post published:March 1, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, CLibertyC, constitutional liberty coalition, Dr. Government, economic Trends, for life and liberty, Fugitive Tax-Slaves, Imperial Presidency, International Living, Land Of The Flea, Resistance, sound money, statism, Taxation Without Constitution, The Freedom Watch, Winning Hearts & Minds
The Freedom Watch Staff
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