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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (67782)3/18/2012 8:54:38 PM
From: DuckTapeSunroof1 Recommendation  Respond to of 103300
 
I forgot to say one thing:

So long as anyone is still an American citizen (and up to something like five years or so even after renouncing US citizenship I think), *regardless* of if someone lives in the US or overseas (except for a floor amount of income from working overseas that is tax exempt...), and unlike most other countries in the world which have 'territorial' income tax schemes, the US - in it's infinite wisdom <g> - taxes all of your income 'globally', even that derived from overseas sources.

Uncle Sammy wants to get paid.....