• btaf45@lemmy.world
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    5 months ago

    It’s somewhat accurate to say “every penny they make is taxABLE to Uncle Sam”

    It’s completely meaningless but hyperbolic to say that because that’s the way taxes work in every country. No country randomly ignores random amounts of income from taxation. Also, there is the concept of tax exempt income and the fact that pennies and dollar fractions are completely ignored on tax forms.

    • solstice@lemmy.world
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      4 months ago

      Calm down professor. The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US. That is NOT how it works in every country.

      Here’s a pretty good article about it from the WSJ if you want to educate yourself on the subject: https://www.wsj.com/articles/BL-WB-34630

      • btaf45@lemmy.world
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        4 months ago

        The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US.

        We all know that and this is not what is being discussed genius.

        That is NOT how it works in every country.

        Taking into considering “every penny” of your income IS how it works in every country.