Post #39808 by ges on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (1)

Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

Trump’s ‘Gold Card’ Visa Offers Hidden Tax Break for the Wealthy

What Happened: Trump’s proposed $5 million “gold card” visa grants U.S. residency and a path to citizenship—but with a major perk. Unlike American citizens, gold card holders wouldn’t have to pay taxes on their overseas income.

Why It Matters: This is a blatant cash-for-citizenship scheme that rigs the system for the ultra-rich. While ordinary Americans pay taxes on global income, Trump is selling tax-free U.S. residency to billionaires.

Source: CNBC

Print the post

Post New

Unthreaded | Threaded | Whole Thread (1)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.