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Re: Boris in trouble......?
Originally Posted by cranston
(Post 11479072)
According to my friend (a Judge) a US citizen has a Constitutional obligation to pay taxes. Mr Johnson clearly says he made a profit and he is not going to pay the US Govt its share of the taxes. As others have said, if you don't like the taxes give up the citizenship.
The issue is very clearly laid out in the article. This is a simple issue, so your generalization adds nothing of value. And we're losing sight of the real issue. Of course the law says USCs have to pay taxes. But laws can be changed, and that's certainly within BJ's constitutional right to argue for. Plenty of people have gone to jail to protest against laws they wanted changed (e.g. slavery, voting for women, Maggie's Poll tax, metric weighed bananas, etc., etc., etc.). So bully for Boris for taking on an issue that many USCs abroad think is an "unfair" law. It doesn't matter whether you personally think the law is fair or not. Others have a right to take exception. I doubt BJ will go the distance in a "Can't Pay, Won't Pay" kind of protest, so he's unlikely to spend any time in stir. |
Re: Boris in trouble......?
Originally Posted by hungryhorace
(Post 11479066)
No. He doesn't. There is no compulsion for a Cabinet Minister or PM to renounce a second citizenship.
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Re: Boris in trouble......?
Originally Posted by Bob
(Post 11478933)
I just find it amusing.
It's also a separate issue to the US government not paying the £7M congestion charge bill. But yeah it is a good for a giggle. |
Re: Boris in trouble......?
Originally Posted by johnnybrown532
(Post 11479151)
It is a hypocritical issue is what it is because wasn't it Johnson who said the American ambassador is "a no good crook" over these congestion charges.
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Re: Boris in trouble......?
There's a touch of irony in all this.
Alexander Boris de Pfellel Johnson can trace his direct lineage back to George II. George II was the grandfather of George III, of "no taxation without representation" fame, as any American high school student will tell you. But Boris, as a USC, has representation. Boris last lived in New York, so his Senator is Chuck Schumer. Senator Schumer is one of the most vocal supporters of halting "obvious tax evasion" by all those renouncing US citizenship. The Senator has proposed a flat 30% capital gains tax on all US citizenship renouncers unless they can show they didn't renounce citizenship to avoid paying tax (Ex-PATRIOT Act). The Act has yet to gain approval in Congress which should please Boris. |
Re: Boris in trouble......?
Originally Posted by hungryhorace
(Post 11479169)
I think that's a view many subscribe to, to be fair.
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Re: Boris in trouble......?
Originally Posted by johnnybrown532
(Post 11479151)
It is a hypocritical issue is what it is because wasn't it Johnson who said the American ambassador is "a no good crook" over these congestion charges. Those were the words used "no good crook" Didn't he say during the election campaign for mayor he would get the yanks to pay. Yet he won't pay them. Pot calling the kettle black if you ask me.
The real issue about folks not paying tax is how stupid this all is because no one really seems to make the same stink about corporations not paying their share for a host of naff reasons and that lost revenue must dwarf the individual citizens. |
Re: Boris in trouble......?
Originally Posted by theOAP
(Post 11479176)
There's a touch of irony in all this.
Alexander Boris de Pfellel Johnson can trace his direct lineage back to George II. George II was the grandfather of George III, of "no taxation without representation" fame, as any American high school student will tell you. But Boris, as a USC, has representation. Boris last lived in New York, so his Senator is Chuck Schumer. Senator Schumer is one of the most vocal supporters of halting "obvious tax evasion" by all those renouncing US citizenship. The Senator has proposed a flat 30% capital gains tax on all US citizenship renouncers unless they can show they didn't renounce citizenship to avoid paying tax (Ex-PATRIOT Act). The Act has yet to gain approval in Congress which should please Boris. Being a US citizen and having signature authority over London Authority financial accounts is an interesting question....I'd love to see Boris' FBAR and FATCA filings.....but wasn't there some exemption for US citizens who worked overseas for corporations and financial firms and signature authority over financial accounts as part of their work? |
Re: Boris in trouble......?
Oddly enough if you search for Boris Jonhson and tax in google a number of recent news reports surface that makes you question where he really stands on paying taxes.
Britain's super rich must pay more council tax, says Boris Johnson (and Russian oligarchs like Roman Abramovich could be targetted first) | Daily Mail Online Boris Johnson tax row: I earned £1.7m over 4 years | Daily Mail Online Sorry for the DM links, it's what turns up first. |
Re: Boris in trouble......?
Of course Boris might be in the right here. It sounds like he is filing 1040s and the GCT tax bill might just be confusion over whether the home was his primary residence. Or even with the US CGT allowance on house sales Boris's gain might be well over that and he's miffed that he has to pay US tax. He's obviously not familiar with the concept that a US citizen living in the UK will pay the higher of the two countries taxes in each situation.
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Re: Boris in trouble......?
Originally Posted by a18ion
(Post 11479133)
People say lots of things to make a point. LBJ said "I shall not seek, and I will not accept, the nomination of my party for another term as your president." Hmmm. Fat lot of truth in that.
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Re: Boris in trouble......?
Originally Posted by nun
(Post 11479207)
He also has famous Turkish ancestors. I'm not sure of the NY residency since he last lived there when he was 5. I wonder if he files any state taxes...I assume that he doesn't need to, and is only eligible to vote in Federal elections.
Being a US citizen and having signature authority over London Authority financial accounts is an interesting question....I'd love to see Boris' FBAR and FATCA filings.....but wasn't there some exemption for US citizens who worked overseas for corporations and financial firms and signature authority over financial accounts as part of their work? According to the 'rules', you may vote in the State where you last had a US residence. I don't believe your age at departure comes into it. Again, IIRC, account values do not need to be declared unlike an individuals 114 filings, but the accounts over which there is signature authority do have to be reported. I may be wrong. |
Re: Boris in trouble......?
Originally Posted by theOAP
(Post 11479238)
Again, IIRC, account values do not need to be declared unlike an individuals 114 filings, but the accounts over which there is signature authority do have to be reported. I may be wrong. |
Re: Boris in trouble......?
Originally Posted by nun
(Post 11479263)
There's probably an exception for government entities.
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Re: Boris in trouble......?
Originally Posted by theOAP
(Post 11479238)
According to the 'rules', you may vote in the State where you last had a US residence. I don't believe your age at departure comes into it.
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