President Trump did a brilliant job by passing the tax reform. People complain about it. But that are only the people opposing the Trump policy. No matter if you agree with it or not, after 30 years it was time to make some changes. There where some missed opportunities:
- Internet Sales Tax
The internet sales tax is a full attack on the e-commerce. Webshops need to pay a tax to the state the customer lives in or gets the goods delivered.
If you don’t know FATCA you are lucky. It is the key reason for many American expats and preppers to revoke their American citizenship. FATCA bought changes to every country in the world and bought limitations to the opportunities for American passport holders to invest their money as they wished.
It is extremely likely the tax reform will die. I’ll not say it is perfect, it is a small step in the proper direction. No tax would be better. But the Democrats will kill the tax reform. They will bring the world towards higher taxation and more poverty.
So you can decide to get access to all the financial opportunities and simply revoke your own citizenship and get the tax free lifestyle.