RE: No. Does it concern you?
No, not at all. What DOES concern me though is the fact that the US government makes it its business to GO AFTER money made by its citizens and residents OVERSEAS.
The US and Eritrea are the only two nations that tax based upon citizenship, not locale. The US makes a claim to taxes on any money you earn anywhere in the world, if you’re a citizen or permanent resident. Highly immoral - but a claim nevertheless.
If you are a German who makes money in the USA, YOU ARE TAXED IN THE USA ONLY and not in Germany.
However, if you are an American who makes money in Germany, YOU ARE TAXED IN GERMANY *AND* in the USA.
Someone in Congress should be doing something about this highly immoral law of ours. We are making criminals of innocent people and wasting time and resources going after them (productive citizens who don’t make themselves a burden on the government ).
I completely agree. If I had enough money to make it worth the effort I would be looking for someplace beyond the reach of the greedy U.S. Treasury to put it. Laws be damned! they mean nothing to this government now.