Whitehouse petition...Please sign!

From the petition:

WE PETITION THE OBAMA ADMINISTRATION TO:
Tax US citizens by residency and not citizenship. Remove the FATCA requirements. We already pay taxes abroad.
The US taxes individuals based on citizenship and not residency. If you live and work abroad, pay taxes to your residential country for use of the public services (education, healthcare, benefits, etc), you are still required to file US tax returns and pay taxes to the US government. As a result, US citizens living abroad have to pay high fees for an accountant to deal with the complex forms and conversions. When you are making £18k a year (before tax), paying a large amount to prove to the US government you don't make enough to be taxed is very detrimental. Also, FACTA requires you to report all of your foreign accounts, including the details of anyone who is a joint account holder, regardless of citizenship. This isn't the only tax challenge US citizens abroad face but a first step.

Published Date: Feb 10, 2015

newcomer link: https://petitions.whitehouse.gov/petition/tax-us-citizens-residency-and-not-citizenship-remove-fatca-requirements-we-already-pay-taxes-abroad/dwZ1c5wL [nonactive]

In like it. But isn't it difficult to get signatures for something like this? You can understand why people who aren't up to date with their tax filing requirements for whatever reason would be a little paranoid to write their name and address down.

I'm not against the petition, but it's so poorly written that it won't even be noticed in the grand scheme of things. Further, it doesn't address one of the most basic flaws in the current system - the taxation of 'accidental Americans'. Neither does it mention the Tax Treaty, and the fact that the treaty benefits corporations far more than we mere citizens who have NO representation in Congress.

Therefore, I will not sign this.