03-07-2021, 11:04 AM
(03-06-2021, 03:58 PM)GMDino Wrote: So the residents are like US corporations. They pay taxes but there is a loophole to some taxes.
All the more reason to bring them into the fold.
No, they're not like US corporations. Nor can you liken their tax code as to having similar loopholes.
It's not that hard to understand. They do not pay income tax unless they're employed by the US governent, or they're not a full-time resident. The employers (not employees) do pay into social security, medicaid/medicare as citizens are eligible for these benefits.
How can you bring about a term like loopholes when the vast majority of residents don't even have to file a tax return?
