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Politics : Formerly About Advanced Micro Devices
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To: Bill who wrote (607105)4/8/2011 10:56:19 PM
From: Elroy1 Recommendation  Read Replies (1) of 1578871
 
A American senior banker living in London or Tokyo could easily make a million dollars and pay zero US taxes. That's because he gets a $90k deduction for living outside the US, then gets to deduct all foreign taxes paid to avoid double taxation.
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