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Ah yes, pay $5m to live where other people get deported despite their legal status. Only a fucking moron will get one.
You're just mad trump discovered an infinite money glitch for government revenues. Sell someone a visa for $5 mil, kick them out for no reason because you can, make them pay another $5 mil to come back, rinse and repeat.
If it's still honored, it would appreciate in value in four years.
The fuckhead is damned conceited it boggles the mind how anyone can even get near him
When you are a 34 times convicted felon President, they just let you do it.
The dementia gets more and more apparent
Looks like monopoly money.
AI generated
One nation under Grok
Grok Damnit.
And when you buy one you get a complimentary membership to Trump steaks. Trump steaks, when you want to eat ass without actually eating ass.
Ew
Wasn't it $1 million a week ago?
That was before the tariffs lol
Why would anyone with that much money want to come here permanently, and get the IRS all up in their business? The US is the only large country that taxes its citizens on their worldwide income (edit: regardless of residency status)
Yes, I know Republicans are always interested in reducing taxes on the rich, but right now these hypothetical rich people who want to come here have zero tax liability. All that $5m does is subject them to intrusive questions about where they are making their money every year when they file taxes.
Good news for rich people, this article says they won't be taxed like a citizen
Unlike American citizens, gold card holders will not have to pay taxes to the U.S. government on their overseas income.
Their source is CNBC
Shit, that is a good deal, then. And probably exceeds Trump's authority in what the can offer, but when has that stopped him before?
That probably explains why he wants to buy one despite being a citizen already. I'd guess he thinks it'll mean he wont be taxed on overseas income either. Figuring out whether he's currently paying any, and if so how much is left as an exercise for the interested reader.
The US is the only large country that taxes its citizens on their worldwide income.
That’s untrue. As a Canadian, I know we do, and I believe we’re far from alone. I don’t know why people keep perpetuating this myth.
Canada will not tax you if you are a citizen, but no longer reside in Canada. the US will.
Source: https://en.m.wikipedia.org/wiki/International_taxation
Look at the map. Very few countries tax all citizens regardless of their residency in their worldwide income like the US does
the US will.
But there's a US$130,000 exemption (the "foreign earned income exclusion") and tax treaties with many countries, so not many people actually need to pay extra tax to the USA. Realistically, the only time you need to is if you earn more than US$130k and the country you live in has a lower tax rate than the USA.
What hurts much more is the "exit tax" when you leave the USA (as a green card holder after 7 years) or renounce your citizenship.
I'm assuming if someone had $5m just lying around to buy citizenship, their income is well beyond the $130k exemption
Being born here is increasingly an albatross to bear your entire life.
Sure, that's completely true but unrelated to what you said in your original comment. I quote:
Why would anyone with that much money want to come here permanently
You were not talking about non-resident citizens, so stop moving the goalposts.
Plus, the US has one of the lowest tax rates of any of those "large countries" you talked about. So unless a US citizen resided in a country without a tax treaty with the US (there's not many of them), they're almost certainly being charged enough tax in their resident country that they pay $0 to the IRS on non-USA income.
Doesn't make sense. This should obviously be an NFT. Did the intern they tasked with this not know how to setup a new memecoin?
I would highly recommend you go to almost any other country than this one right now.
They should have to pay me $5m to own a card featuring his ugly mug
If I was rich enough to do that I'd pay an extra 5 million to not have his ugly fuckin face on it.
Every time stuff like this happens .... it doesn't change how people feel about Turnip
Every time stuff like this happens ... I think about how stupid the American people are. They have a clown for a leader, running the country like a circus for sale and they put up with it every time.