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Tax Relief Over Democracy? US Expats Weigh Sacrificing Voting Rights to Escape Tax Obligations

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NEW YORK, Sept. 27, 2024 /PRNewswire/ — MyExpatTaxes, the leading tax filing platform for American expats, has found that nearly 60% (58.4%) of expats would give up their right to vote in exchange for not having to file U.S. taxes while living abroad amidst the increasingly complex filing requirements imposed on them.

“We are seeing a very notable shift in the attitude of American expats,” said MyExpatTaxes CEO Nathalie Goldstein. “As tax requirements become more onerous and expensive, especially against the backdrop of historic political polarization and the perception of getting less value in return for taxes paid, we are seeing more Americans than ever questioning whether to remain U.S. citizens.”

There are now 5.9M Americans living outside the United States.

The filing requirements as an American expat have become so daunting that MyExpatTaxes’ survey found 46.7% of respondents considered actually renouncing their US citizenship due to the complexities of filing.

Many first time expats are in fact surprised to learn that even income earned from working a job located in a foreign country is still subject to U.S. tax filing requirements– and adding additional forms and documentation along the way.

The shifting attitude of American expats seems to not merely be a referendum on taxation itself, but rather a dissatisfaction with the value realized from those taxes. Just about 90% of respondents indicated that their quality of life had improved since moving abroad. Perhaps as a nod to the taxation systems in other countries such as across Europe, 88% stated that they are agreeable with paying higher taxes if it means better access to healthcare and social safety nets.

The survey, the largest of its kind ahead of the 2024 U.S. presidential election, polled 1,500 expats living in 89 different countries. The findings also illuminated the potential impact of expat voters with just over 27% of respondents admitting that they have not voted while living abroad. Of those polled, 15% hail from swing states.

As the U.S. remains one of two countries that enforce citizen-based taxation, Goldstein, an American expat herself, encourages all U.S. citizens living abroad to vote in the upcoming 2024 election. “It’s important that Americans abroad are seen as a sizable community, so that those making changes to U.S. taxation laws keep them in mind.”

View original content:https://www.prnewswire.com/news-releases/tax-relief-over-democracy-us-expats-weigh-sacrificing-voting-rights-to-escape-tax-obligations-302261124.html

SOURCE MyExpatTaxes

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Meet With Culture: Rediscovering the Hutong Culture in Beijing

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December 22, 2024

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BEIJING, Dec. 22, 2024 /PRNewswire/ — Beijing, as a capital of five dynasties in history, preserves rich historical heritage, such as traditional buildings and hutongs (alleys). Yangmeizhu Xiejie, an alley in Xicheng District of Beijing, is regarded as one of Beijing’s ten most beautiful alleys for its historical charm, traditional culture and the shops with creative designs and products.

 

Since 2013, the government Xicheng District has been working on renovation of Yangmeizhu Xiejie, including the residences and shops along the alley, which is supported by the residents. After renovation, the shops maintain their original building styles while expanding new functions and space with creative designs, attracting investments from both home and abroad.

If take a walk in Yangmeizhu Xiejie, one can find a vibrant alley that blends traditional architecture with modern lifestyle and cultural creativity. Yangmeizhu Xiejie presents a scene of everyday life in Beijing’s alleys: clothes hung out in resident courtyard for drying, the hustle and bustle of vegetable markets, and smoke from kitchen chimneys.

The alley also gathers many cultural spaces that integrate traditional culture with contemporary design. Shopkeepers from both home and abroad have started their creative businesses in the alley, reflecting Beijing’s openness and inclusiveness. Each corner of the alley offers a glimpse into the local lifestyle and culture, making it an ideal destination for those who want to experience the authentic hutong culture.

When night falls, the alley restores to quiet again as tourists leave. Local residents continue to enjoy the leisure in the alley. The harmony is well maintained between the residents and neighboring business in the alley, promoting the sustainable development of the traditional Beijing lifestyle and moderate commercial activities.

Yangmeizhu Xiejie represents a successful case of Beijing’s effort to preserve its cultural heritage and promote innovation, serving as a living museum of the urban life in old Beijing.

Click the link below to follow Noel and explore the hutong culture of Beijing.
https://youtu.be/FzrJfKluBoE

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/meet-with-culture-rediscovering-the-hutong-culture-in-beijing-302337934.html

SOURCE Meet with culture

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A Bus Tour Across China | The First Inner Mongolia Shaomai Festival

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2 hours ago

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December 22, 2024

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Inner Mongolia – Where Nature’s Purity Meets Culinary Excellence

BEIJING, Dec. 22, 2024 /PRNewswire/ — As the Dongzhi (Winter Solstice) approaches, a time as significant as the New Year itself, the spirit of reunion warms the heart of Hohhot (the Green City), inviting all to a feast of flavors and culture! Join us for a grand celebration where culinary artistry meets cultural heritage! On December 21, 2024, at 10:15 AM (Beijing Time), China Media Group, in collaboration with the Inner Mongolia Autonomous Region Agriculture and Animal Husbandry Hall, proudly presents an integrated media live broadcast: “A Bus Tour Across China | Where Each Shaomai Tells a City’s Story.” Amid rising steam and anticipation, the Inaugural Inner Mongolia Shaomai Festival unfolds spectacularly extending a warm invitation to all! Each carefully crafted shaomai embodies the essence of “Inner Mongolia – Where Nature’s Purity Meets Culinary Excellence.”

Live broadcast link: https://www.yspapp.cn/2XAN

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-bus-tour-across-china–the-first-inner-mongolia-shaomai-festival-302337932.html

SOURCE China Media Group Mobile

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MagFone Christmas & New Year Sale: Unbeatable Discounts for the Holiday Season

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9 hours ago

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December 22, 2024

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The festive season is upon us, and MagFone is here to make your holidays even brighter with an exclusive Christmas & New Year sale! From incredible discounts on best-selling products to special deals on new products, MagFone is the ultimate destination for holiday shopping. From December 18, 2024 to January 6, 2025, this sale offers up to 80% off discount for everyone. Let’s dive into the details of the most awaited sale of the year.

HONGKONG, Dec. 21, 2024 /PRNewswire-PRWeb/ — What Can You Get from MagFone Christmas & New Year Sale?

New arrival – Location Changer is only $1.99 to everyone in this MagFone Christmas & New Year Grand sales. Moreover, everyone can enjoy up to 80% OFF.

1. Best-Selling Products at Up to 70% OFF

Resolving various iOS system issues or unlocking locked Apple devices like iPhone and iPad by yourself at home with MagFone’s flagship products, now available at unbeatable prices. Best-selling products such as iPhone Unlocker, Activation Unlocker, and iOS System Recovery are up for grabs with discounts of up to 70% off. Don’t miss out on this chance to get MagFone’s best-selling products at jaw-dropping prices.

MagFone iPhone Unlocker at $20.95/month and $41.95/lifetime.MagFone Activation Unlocker at $20.95/month and $41.95/lifetime.MagFone iOS System Recovery at $17.95/month and $48.95/lifetime.

2. New Arrival to Get with Only $1.99

Whether you want to change your location on your mobile device or simulate GPS movement in various games, MagFone’s new product – Location Changer – is perfect for you. Designed for both iOS and Android users, this tool comes equipped with advanced location changing features, flexible movement speed, and customizable route. With only $1.99, it is a must-have for this Christmas sale if you have the demand to change your device location.

3. 4-in-1 Bundle to Maximize Your Savings

MagFone values all loyal customers and offers exclusive pers during the Christmas & New Year sale. A super 4-in-in bundle is at reduced prices, which enables you to get all products from MagFone with an 80% off discount. This bundle includes all the tools you need, whether you’re looking to resolve various system problems and unlocking issues or change iPhone and Android device’s location. Don’t miss this chance to get all MagFone products at unbeatable prices.

MagFone Christmas & New Year Sale is a limited-time event, running from December 18, 2024 to January 6, 2025. With discount this good, products are expected to get at the lowest price this year. Don’t wait until the last minute—start shopping now to get MagFone products at the best deals.

About MagFone:

MagFone is redefining tech innovation with state-of-the-art technology and intuitive design. Whether their flagship products like iPhone Unlocker or newly-released tools like Location Changer, MagFone products are built for performance and flexibility.

YouTube: https://www.youtube.com/@magfone

Facebook: https://www.facebook.com/magfone/

X: https://x.com/magfone

Media Contact

Olivia Wood, MagFone, 86 19186985874, support@magfone.com, https://www.magfone.com/

View original content to download multimedia:https://www.prweb.com/releases/magfone-christmas–new-year-sale-unbeatable-discounts-for-the-holiday-season-302337015.html

SOURCE MagFone

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