[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 19 KB, 306x306, 507.jpg [View same] [iqdb] [saucenao] [google]
58410198 No.58410198 [Reply] [Original]

If that's the case, if a US citizen decides to stop wageslaving and move to another country, can he just cash out just below this number every year and pay 0 taxes? Assume he has no other income.
What's the caveat ?

>> No.58410253

Yeah you only need like a million dollars. Im sure if you have that much in liquid cash your first thought will be investing in dividends

>> No.58410288

>>58410198
Yes don’t ask a tax lawyer ask an anime site

>> No.58411141

>>58410198
>tax free
Oh sweet summer child

>> No.58411209

>>58410253
why not? or just put it on sp500 and manually liquidate 3 to 4% yearly