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Re: Leaving the Country
[email protected] (Duncan Frissell) <[email protected]>writes:
> unemployed," you can move easily and your assets can be fairly easily
> converted to cash. You might lose on your real property (depending on when
> you bought) but that has always been the downside of property.
This is a problem. The capital gains / alternative minimum tax hit is gruesome.
> I know you like the Bay Area (as do I) but the net is there in Switzerland
> and the interface improves from year to year. If you want to do things
> strictly legally, expatriate, secure a second citizenship, renounce your US
> citizenship, wait ten years, and you'll be able to visit the US for up to
> 180 days a year. You could take this step given your situation but I know
> it can be a big one. Consider though if your US citizenship is worth so
> many $thousands/year plus a hefty chunk if you die (extropians isn't the
> same without you).
I agree of the inheritance tax question, but there is still a problem. The only
stock markets that I know well enough to be comfortable investing in are in the
US. That will not magically change just because I get citizenship somewhere
else, and that still leaves me liable for US tracking and taxes.
> When the IRS knocked on the gate of Heinlein's place at 5000 Bonny Doone
> Road (or was that 26000?) above Santa Cruz, he told them to get lost and
> write to his attorney.
The forfeiture laws were weaker then.
> It is possible to reprogram yourself to disobedience. I am not particularly
> a "tough guy." On a day-to-day basis I'm reasonably chicken. But their
> culture of oppression infuriates me more than anything. I can use that fury
> to turn down the job of self-jailer that they offer to each of us.
That's not really it. I have no moral problems with tax evasion, just pragmatic
ones.
> We are still in the Rev 0.99a Alpha testing stage. The interface is a bit
> rough and since it's a Windows app we do have "General Protection Fault"
> problems. When you're out on the "bleeding edge" of technology, you
> sometimes bleed.
I respect your efforts in this area, and don't want to give the impression that
I do not take your advice seriously. However, it is too bleeding edge for someone
with a family, IMHO.