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FACTA UPDATE: United States, Japan Sign Protocol to Income Tax Treaty

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Obdicut (Now with 2% less brain)1/24/2013 8:21:46 pm PST

re: #8 Barflytom

You talk about corporations as if they were owned by aliens on some distant planet. Most large corporations are owned mostly by institutional investors - pension funds, mutual funds etc, in other words by average people saving for retirement.

Can you demonstrate this, please, instead of asserting it?

As you ought to know, the US is one of very few countries to tax citizens on their worldwide incomes - Eritrea is another one. No doubt you are proud that your country is in such illustrious company…

This is just a lie, and you can’t read your own wiki link:

In the residential system, residents of the country are taxed on their worldwide (local and foreign) income,

You are one of the worst debaters I’ve ever seen. And you probably think you’re awesome. Honestly, how could someone look at that Wiki article and not understand it? It even has a gigantic table that shows that residents in the UK are taxed on their worldwide income.

So if you haven’t been paying tax on your worldwide income, congrats, you’re a criminal.