I’ve gone through all the stages of grief and I don’t live there. I honestly don’t know why it does or even should bother me. I guess there is some part of me that hates injustice and has some nostalgia for an America, real or always imagined, that was trying to do its best for the free world (even though that was, in many cases, found to be objectively not true later).
If anything, it seems like they may finally get rid of some of the stuff that makes it difficult to impossible for US people living overseas to use certain retirement vehicles without committing tax fraud (PFICs; PFICs everywhere and I can’t put income into my US tax-advantaged vehicles due to rules on that side), but potentially doing one thing that helps me does not do anything to assuage my revulsion and rage at the current situation.
I’ve gone through all the stages of grief and I don’t live there. I honestly don’t know why it does or even should bother me. I guess there is some part of me that hates injustice and has some nostalgia for an America, real or always imagined, that was trying to do its best for the free world (even though that was, in many cases, found to be objectively not true later).
If anything, it seems like they may finally get rid of some of the stuff that makes it difficult to impossible for US people living overseas to use certain retirement vehicles without committing tax fraud (PFICs; PFICs everywhere and I can’t put income into my US tax-advantaged vehicles due to rules on that side), but potentially doing one thing that helps me does not do anything to assuage my revulsion and rage at the current situation.