SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bentway who wrote (370150)2/6/2008 10:19:46 AM
From: Elroy  Read Replies (2) of 1584405
 
Yeah, but I'd like to see it greatly simplified, and made even more progressive, with more rates that step higher the more you make. Remove all the exemptions and tax breaks.

All exemptions? Are you sure? An American that lives in London permanently working for Merrill Lynch, paying English taxes (I don't know, say 35%), also has to pay full US taxes (another 30%)?

US citizens who lives outside the US can deduct taxes they pay to their country of residence from their US tax burden. You'd remove that?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext