this post was submitted on 19 Jun 2025
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50501

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A spicy troll that any country could do. (lemmy.world)
submitted 1 month ago by bacon_pdp@lemmy.world to c/50501@piefed.social
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US federal tax code allows one to deduct any foreign taxes paid.

So, any country in the world could offer US citizens the option to claim their income as taxable in that country’s jurisdictions and provide them paperwork needed by US tax authorities.

Thus instead of funding the Trump government, the money would go to governments who have policies that you support (say Ukraine for example) and you would still be completely complying with US tax laws but also significantly reducing the amount of money that you give to the federal government.

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[–] bacon_pdp@lemmy.world 1 points 1 month ago

Notice that this would be something that a foreign government could do as a troll.

Literally state that they are looking into it as an additional source of revenue and will be offering it to the American public.

I fully expect that no country would actually do that but announcing that they are looking into it.