Why Im Giving Up My Passport: Jonathan Tepper

Why Im Giving Up My Passport: Jonathan Tepper

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses Jonathan Tepper's article on renouncing US citizenship due to stringent tax policies. It highlights the challenges faced by US citizens and green card holders abroad, emphasizing the IRS's aggressive enforcement. The complexity of the US tax code is criticized, and the potential for tax reform under a Republican Congress is debated.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons does Jonathan Tepper provide for giving up his U.S. passport?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the IRS treat the distinction between Americans living abroad and those creating shell entities?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the number of Americans giving up their passports last year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the U.S. government's scrutiny on financial earnings of its citizens abroad?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do Americans face regarding taxation when living abroad?

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