What's the issue? He bragged about having a bunch of Bitcoin (he does), and left the country and renounced his citizenship.
The US has an exit tax for expats.
While absolutely insane and gross, that's the current tax code. He failed to pay on his Bitcoin cap against on the way out along with other holdings.
He likely lied on his tax returns and didn't pay the required taxes.
I don't follow what the issue is?
There's irony in your pseudonym ;-)
What's that?
I said I think it's wrong and disgusting. However my opunion don't change the laws.
I'm curious why he thinks they 'targeted' him. Seems on the surface like a pretty easy prosecution.
You don't lie on your tax return. That's not how it works. You do your best, guilty until proven innocent. If they come after you then your job is to continue to do your best to comply. Of course all of this is rubbish because it is way harder to prove a negative than a positive, so no matter what the odds are against you.
e.g., "I did not commit the crime") can be more difficult than proving a positive (e.g., "I have an alibi"). This is because a negative assertion often requires providing evidence that something did not happen, which can be inherently more complex than demonstrating that something did happen.
You can absolutely lie on your tax return.
You have an income that is taxable, you didnt claim it as required.
That's called tax fraud and people go to jail over it lots every day.
Not if you can prove you did your best. There really is irony in your pseudonym.
Huh? Just because you can prove you did your best, doesn't mean it isn't possible to purposefully lie. The two have nothing to do with each other.
There are thousands of people who lie, get caught, lose in court, and go to jail annually for it.
And what is the irony in the name? Please explain.
To begin with, it seems like my prior statement about the dynamics of proving a negative vs a positive seemed to go right over your head. You should actually try it yourself and feel the asymmetric nature of it. Mathematics is a wonderful thing.
As far as your handle, you have a bootlicker vibe. Sorry, not sorry.
