As markets melt down, Trump touts $5m gold card for wealthy immigrants
www.independent.co.uk
‘For $5 million, this could be yours,’ Trump says of card available to wealthy immigrants to buy a right to live and work in the U.S.
  • CaptDust@sh.itjust.works
    16·
    14 hours ago

    Good news for rich people, this article says they won’t be taxed like a citizen

    Unlike American citizens, gold card holders will not have to pay taxes to the U.S. government on their overseas income.

    Their source is CNBC

    • dhork@lemmy.worldEnglish
      13·
      14 hours ago

      Shit, that is a good deal, then. And probably exceeds Trump’s authority in what the can offer, but when has that stopped him before?

    • notabot@lemm.ee
      9·
      14 hours ago

      That probably explains why he wants to buy one despite being a citizen already. I’d guess he thinks it’ll mean he wont be taxed on overseas income either. Figuring out whether he’s currently paying any, and if so how much is left as an exercise for the interested reader.