Why Nostr? What is Njump?
2024-05-01 17:10:41
in reply to

Aaron Daniel on Nostr: He didn't sell. It a "constructive" (legalese for imaginary) sale that happens by law ...

He didn't sell.

It a "constructive" (legalese for imaginary) sale that happens by law when one renounces citizenship, triggering capital gains taxes on the value of assets held at that time.

It's a wealth tax designed to deter citizens of means from renouncing citizenship (the US taxes citizens earning abroad).

Author Public Key
npub16zxfxy5ltnp992gp006jlyy9qc93qanzpfvv66fznvc7xul0ej0suk5dzc