The tax code in America is seen as one of the most complex and over agonizing pain than almost anywhere else in the world, and a number of overseas citizens are considering renouncing citizenship to avoid paying in. “Just over 4 in 10 respondents said that while they aren’t planning to renounce their U.S. citizenship, they wouldn’t rule it out, and 19 percent said they’re seriously considering it….” [ Read more here ]
Taxes are an undesirable but necessary evil in life. But working your way through the paperwork is only the first offense – what do Americans think of how much they are paying out every year?
“In a broad sense the majority of Americans don’t find the tax system fair with 56% describing it “as either not too fair (29%) or not fair at all (27%).” Only 2% consider the system “very fair,” while 40% think it’s “moderately fair…” [ Read more here ]