Critical Condition

Expat Tax?

My friend Grayson Levy has an interesting post at the Future of Capitalism asking whether proposed health-insurance mandates, and therefore the penalties for not showing proof of acceptable insurance, would apply to expatriates. Grayson, who lives in Israel, has good reason to be concerned. He has looked extensively into the issue and has seen no indication thus far that expats would be exempted from the requirement. 

 

An exemption would seem to be the way to go on this, but even an exemption does not solve the problem. Providing documentation for eligibility would be somewhat cumbersome, and raises the tricky question of whether the U.S. government would accept insurance from some countries and not from others. An exemption could also serve as as a possible loophole for non-expats trying to get out of the mandate. I wonder if the IRS has enough staff to handle this one.

Tevi Troy Tevi Troy is a presidential historian and former White House aide.

Most Popular

Culture

Jussie Smollett Changes His Story Again

The actor Jussie Smollett continues to talk about the alleged January 29 attack on him during a frigid night in Chicago, giving Good Morning America his fullest description yet of his claims. It differs substantially from what he told police initially after the alleged assault. Smollett told GMA that the ... Read More
Politics & Policy

We’ll Regret This

Mitch McConnell says the president will sign the budget deal and he will also declare a national emergency to build the wall, as I expected. We’ll see the legal justifications he uses, but as a political and constitutional matter this is a long-term disaster. Oh, it might be good for Trump according to the ... Read More
Politics & Policy

Capitalism’s Cold War

The story of capitalism since the 1980s has been that of a kind of cold war between capital and politics. In the decade prior, American government was at the nadir of its prestige and credibility. The so-called War on Poverty, launched with great fanfare and idealism in the late 1960s, quickly collided with ... Read More
U.S.

Trump Declares National Emergency to Fund Border Wall

President Trump declared a national emergency on Friday in order to unilaterally appropriate $3.6 billion for the construction of his long-promised border wall. The announcement, made during a televised White House Rose Garden ceremony, came after Congress passed a bipartisan homeland-security-funding bill ... Read More