State of the Union 2014

SoAnyway

macrumors 6502
Original poster
May 10, 2011
476
179
So tonight we have the State of the Union scheduled and I thought it would be a great idea to start a thread to discuss what's mentioned.

I really don't think we'll hear anything substantive tonight other than paying lip service to what most Americans all ready know. I'm sure we'll hear about raising the minimum wage for federal employees and another year with an empty promise for immigration reform. The real question is, will anything actually be done about them? On top of these, I think the president will say very little about the NSA leaks and spying on Americans, if at all. Lastly, the promise to withdraw troops will be just another empty promise.

Anyone else?
 

iJohnHenry

macrumors P6
Mar 22, 2008
16,505
15
On tenterhooks
I heard on CBC2 that some California billionaire (from oil) has paid for a commercial before hand that lambastes the Keystone Project.

Gotta love the billionaires. :D
 

edk99

macrumors 6502a
May 27, 2009
701
709
FL
I bet if you replay anyone of the last 5 Obama did no one would know the difference.
 

Zombie Acorn

macrumors 65816
Feb 2, 2009
1,301
9,062
Toronto, Ontario
Unless its something about kicking corporations to the curb in politics and bolstering small businesses I don't really care to watch.

If the US diverted half of their military budget to UHC and feeding/educating the children of the US I might think about moving back and starting a small business again. Until I was assured that my tax money wasn't going to be squandered I think I will stay in good ol' Canada.
 

rdowns

macrumors Penryn
Jul 11, 2003
27,345
12,408
The SOTU has become a game of I can invite the most controversial guest. From the Presidential props to Congressman inviting people like some Duck Dynasty dude and Sean Hannity.

EDIT: Also love that we are getting four, yes, four responses to the SOTU from the right. What a ****ing joke.
 

bradl

macrumors 601
Jun 16, 2008
4,006
11,823
Unless its something about kicking corporations to the curb in politics and bolstering small businesses I don't really care to watch.

If the US diverted half of their military budget to UHC and feeding/educating the children of the US I might think about moving back and starting a small business again. Until I was assured that my tax money wasn't going to be squandered I think I will stay in good ol' Canada.
If you haven't yet, you may want to consider renouncing your citizenship, as the IRS can still go after your Canadian bank to get info on you and your family, even if your family is not a US Citizen, not to mention the taxes you owe to the US. Oh, they may also tap your family's accounts from that Canadian bank as well.

So until you renounce your citizenship, your tax money, in your words, is going to be squandered.

http://www.mcclatchydc.com/2013/11/27/209810/new-tax-law-driving-expats-to.html

BL.
 

SoAnyway

macrumors 6502
Original poster
May 10, 2011
476
179
The SOTU has become a game of I can invite the most controversial guest. From the Presidential props to Congressman inviting people like some Duck Dynasty dude and Sean Hannity.

EDIT: Also love that we are getting four, yes, four responses to the SOTU from the right. What a ****ing joke.

What else can we the people expect from the establishment politicians we have representing us? On top of that, the mainstream media has dumbed down the population to the point where less than half of the people actually care. :(

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Unless its something about kicking corporations to the curb in politics and bolstering small businesses I don't really care to watch.

If the US diverted half of their military budget to UHC and feeding/educating the children of the US I might think about moving back and starting a small business again. Until I was assured that my tax money wasn't going to be squandered I think I will stay in good ol' Canada.

How about more than half of the military budget? Regardless, what you propose screams "Socialism".
 

hulugu

macrumors 68000
Aug 13, 2003
1,819
10,182
quae tangit perit Trump
The SOTU has become a game of I can invite the most controversial guest. From the Presidential props to Congressman inviting people like some Duck Dynasty dude and Sean Hannity.

EDIT: Also love that we are getting four, yes, four responses to the SOTU from the right. What a ****ing joke.
We've gone from allowing the opposition party to give a response as a way to balance the SOTU to allowing any Congress critter the opportunity to yammer on for twenty minutes without having to actually endure an interview.

The important question is, who is going to watch four responses?
 

Zombie Acorn

macrumors 65816
Feb 2, 2009
1,301
9,062
Toronto, Ontario
If you haven't yet, you may want to consider renouncing your citizenship, as the IRS can still go after your Canadian bank to get info on you and your family, even if your family is not a US Citizen, not to mention the taxes you owe to the US. Oh, they may also tap your family's accounts from that Canadian bank as well.

So until you renounce your citizenship, your tax money, in your words, is going to be squandered.

http://www.mcclatchydc.com/2013/11/27/209810/new-tax-law-driving-expats-to.html

BL.
They allow exclusions for up to around 87k so I don't owe taxes yet, fortunately. I still report back to the overlords every year though and have to list my bank accounts over $10k. Some rich bastard dodging taxes by keeping offshore banks is likely the reason, so if it keeps someone from screwing the tax base of their country I'm fine with it for now.

The funny part is even if you renounce you still have to file for 10 years. Sounds like freedom.
 
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bradl

macrumors 601
Jun 16, 2008
4,006
11,823
They allow exclusions for up to around 87k so I don't owe taxes yet, fortunately. I still report back to the overlords every year though and have to list my bank accounts over $10k. Some rich bastard dodging taxes by keeping offshore banks is likely the reason, so if it keeps someone from screwing the tax base of their country I'm fine with it for now.
Sure about that? From the Article:

In September, Freeborn formally surrendered her citizenship and joined a record number of Americans who are ditching their U.S. passports out of frustration and fear of the Foreign Account Tax Compliance Act. The law was created to root out Americans evading taxes overseas by requiring foreign financial institutions to annually report to the IRS on U.S. citizens who hold more than $50,000 at the end of the year.
You hold $87,000? You're definitely taking this hit. Even if it is in your Canadian family's account, you are taking the hit; your family there may be taking that hit as well.

The funny part is even if you renounce you still have to file for 10 years. Sounds like freedom.
So which would you rather have: renounce and go through the 10 years, then finally have both you and your family's accounts in the clear, or move back in, pay your share, and not have to worry about any reciprocal laws coming to get your US bank accounts via your family?

Either way, you're taking the hit, and doubly so now.

BL.
 

puma1552

Suspended
Nov 20, 2008
5,559
1,917
Sure about that? From the Article:



You hold $87,000? You're definitely taking this hit. Even if it is in your Canadian family's account, you are taking the hit; your family there may be taking that hit as well.



So which would you rather have: renounce and go through the 10 years, then finally have both you and your family's accounts in the clear, or move back in, pay your share, and not have to worry about any reciprocal laws coming to get your US bank accounts via your family?

Either way, you're taking the hit, and doubly so now.

BL.
No, what he's saying is that foreign earned income is excluded up to $87k (though I think it's north of $90k actually now) so he does not need to pay US taxes to the IRS on the first $87k he makes annually abroad. You still have to file taxes each year though as long as you're a US citizen...can't just drop off the map because you don't live here, as long as you are a citizen. On that note I couldn't believe the number of American idiots that I lived in Japan with who thought they didn't have to do anything and could just blow the IRS off for all the years they were living abroad and thought they didn't need to file a single piece of paper and could just disappear to the IRS like vaporware.
 

Zombie Acorn

macrumors 65816
Feb 2, 2009
1,301
9,062
Toronto, Ontario
Sure about that? From the Article:



You hold $87,000? You're definitely taking this hit. Even if it is in your Canadian family's account, you are taking the hit; your family there may be taking that hit as well.
As Puma pointed to I was referring to the exclusion on yearly earned income. Although I had not yet heard that banks were required to give up my family's information, so that is new to me.

So which would you rather have: renounce and go through the 10 years, then finally have both you and your family's accounts in the clear, or move back in, pay your share, and not have to worry about any reciprocal laws coming to get your US bank accounts via your family?

Either way, you're taking the hit, and doubly so now.

BL.
Ultimately I would like to be able to be a dual working class citizen without having to worry about the government coming to "get me", or having to pay taxes to a country I haven't lived in for 3.5 years. I am eligible for citizenship here in a couple months, and the fact that I have to consider renouncing my home country's citizenship as an average wage earner is a bit dumbfounding.

I haven't even looked into the tax implications if I die or start a successful business yet though, I am sure that will tip me over the edge.

Go freedom.
 

bradl

macrumors 601
Jun 16, 2008
4,006
11,823
As Puma pointed to I was referring to the exclusion on yearly earned income. Although I had not yet heard that banks were required to give up my family's information, so that is new to me.



Ultimately I would like to be able to be a dual working class citizen without having to worry about the government coming to "get me", or having to pay taxes to a country I haven't lived in for 3.5 years. I am eligible for citizenship here in a couple months, and the fact that I have to consider renouncing my home country's citizenship as an average wage earner is a bit dumbfounding.

I haven't even looked into the tax implications if I die or start a successful business yet though, I am sure that will tip me over the edge.

Go freedom.

FATCA is actually some scary stuff; it was passed to weed out those who are escaping taxes by offshoring their income to tax shelters/havens (read: Cayman Islands, Ireland, etc.) and/or putting it in spouse's or relative's name. Horrible side effect is if you are married to someone who is a citizen of another country and you live with them in that country; that puts their banking activities under scrutiny just by being married/related to you.

BL.
 

silentownage001

macrumors regular
Dec 1, 2011
151
12
NJ
The funny part is even if you renounce you still have to file for 10 years. Sounds like freedom.
This is what I found.

Expatriation after June 3, 2004 and before June 16, 2008...

...Further, expatriated individuals will be subject to U.S. tax on their worldwide income for any of the 10 years following expatriation in which they are present in the U.S. for more than 30 days, or 60 days in the case of individuals working in the U.S. for an unrelated employer.
http://www.irs.gov/Individuals/International-Taxpayers/Expatriation-Tax

I only skimmed through the section for after June 16, 2008, but I didn't see anything about filing for 10 years. It isn't really clear though.

They could just change the taxation to a residence system rather than citizenship based and end this nonsense.
 

Sydde

macrumors 68020
Aug 17, 2009
2,104
2,162
IOKWARDI
I will wait for the transcript, I have no desire to listen to any politician talk for more than a couple minutes. Unless it is Al Franken and he tells the one about the rabbi who did not charge for circumcisions (he only took tips). The only time I ever found SotU at all interesting was once at my friend's house, where we had the TV, radio and 'net stream all on at the same time, and they were all on different delays, and then he added a reverb to one of the audio outputs. Oddly, it made a more real kind of sense, listening to it that way.
 

whoknows87

macrumors 6502a
Aug 8, 2012
667
30
S.Florida
Close Guntanamo Bay!

What's the secret every single president has to reaffirm the US allegiance to Israel ..................
 

whoknows87

macrumors 6502a
Aug 8, 2012
667
30
S.Florida
What happens first: Apple releases the Apple Television set or Guantanamo Bay closes?



Don't even joke about that.
not joking why? I understand that they want to secure a jewish state but sometimes they do oppress the palestinians cutting them off from water and food, Gaza siege, White phosphorous use etc.....
 

LIVEFRMNYC

macrumors 604
Oct 27, 2009
7,431
8,600
not joking why? I understand that they want to secure a jewish state but sometimes they do oppress the palestinians cutting them off from water and food, Gaza siege, White phosphorous use etc.....
Very true. I hate the way main stream media on both sides seems to over look when Isreal uses oppression tactics against Palestinians.
 

AustinIllini

macrumors demi-goddess
Oct 20, 2011
10,754
7,361
Austin, TX
not joking why? I understand that they want to secure a jewish state but sometimes they do oppress the palestinians cutting them off from water and food, Gaza siege, White phosphorous use etc.....
Let's just say I'm becoming less and less a fan of Israel.

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Very true. I hate the way main stream media on both sides seems to over look when Isreal uses oppression tactics against Palestinians.
That's actually what got me into reading Al Jazeera stories. There's just clearly a huge Israel shaped hole in the American media outlets.
 

whoknows87

macrumors 6502a
Aug 8, 2012
667
30
S.Florida
Very true. I hate the way main stream media on both sides seems to over look when Isreal uses oppression tactics against Palestinians.
“Every time we do something you tell me Americans will do this and will do that. I want to tell you something very clear, don’t worry about American pressure on Israel. We, the Jewish people, control America, and the Americans know it.”

from Ariel Sharon former PM of Israel :confused: