A Geek With Guns

Chronicling the depravities of the State.

The Tables Have Turned

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Remember when the British colonies that would become the United States of America had a little tea party in the Boston Harbor? The denizens of the colonies were pissed off by Britain’s demand for more taxes. Oh how the tables have turned:

The Royal Family faces a tax ‘nightmare’ as US officials examine whether Meghan and Harry owe them a slice of their multi-million pound fortune, according to reports.

The Duchess of Sussex is still an American citizen so has to pay tax in the US, and this could extend to anyone else she draws money from, including her husband.

This could deplete both her $5million US fortune and Prince Harry’s main source of private wealth, a £300,000-a-year trust fund on which he pays UK income tax.

As one of my friends put it, there are only two countries in the world that require citizens to pay income taxes on income acquired abroad: one is a banana republic (Eritrea), the other is the United States of America.

Written by Christopher Burg

November 21st, 2018 at 10:30 am